How to Voluntarily Withdraw from a California LLC

more+
less-

People sometimes want to leave an LLC and let their business partner take full ownership and control of operations. Maybe the business is not turning a profit, or worse, the owners continue to invest in the business to keep it going; or the once-enthusiastic business partners no longer get along; maybe the person leaving has simply lost interest.

Whatever the reason, California law makes it relatively simple to withdraw as a member of a limited liability company (LLC).

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Tagre Law Office | Attorney Advertising

Written by:

more+
less-

Tagre Law Office on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×