Statute · California Corporations Code

Cal. Corp. Code § 17711.09 — Dissenters’ Rights

Cal. Corp. Code § 17711.09

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2013-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Any cash distributions made by a limited liability company to a dissenting member after the date of consummation of the reorganization, but prior to any payment by the limited liability company for that dissenting member’s interest, shall be credited against the total amount to be paid by the…

Citator

Cal. Corp. Code § 17711.09 — Dissenters’ Rights is in force in the current edition of the Code, and nothing recorded condemns it.

Any cash distributions made by a limited liability company to a dissenting member after the date of consummation of the reorganization, but prior to any payment by the limited liability company for that dissenting member’s interest, shall be credited against the total amount to be paid by the limited liability company for such dissenting interest.