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.
Cal. Corp. Code § 17711.10
Dissenters’ Rights
Known as the California Revised Uniform Limited Liability Company Act
The act spans §§ 17701–17713 (112 sections).
Added by Stats. 2012, Ch. 419, Sec. 20
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.