Pleasanton, CA asked in Business Law for California

Q: I would like to dissolve my business owned under LLC with other partners. If majority of the owners wants to..

If majority of share holders want to dissolve and no response from minority, can we dissolve the company without them? The LLC was formed in California.

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1 Lawyer Answer
Robert P. Cogan
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  • San Diego, CA
  • Licensed in California

A: Generally, the rights of minority shareholders cannot be ignored. The minority shareholders could claim you never contacted them. Have you actually contacted them in a way in which you can document a non-response? At a minimum, certified mail - return receipt requested should be used.

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