California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 2.6. CALIFORNIA REVISED UNIFORM LIMITED LIABILITY COMPANY ACT |
ARTICLE 11. Dissenters’ Rights |
Section 17711.10.
Latest version.
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Except as expressly limited by this article, dissenting members shall continue to have all the rights and privileges incident to their interests immediately prior to the reorganization, including limited liability, until payment by the limited liability company for their dissenting interests. A dissenting member may not withdraw a demand for payment unless the limited liability company consents thereto.
(Added by Stats. 2012, Ch. 419, Sec. 20. Effective January 1, 2013. Operative January 1, 2014, by Sec. 32 of Ch. 419.)