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California Corporate & Securities Law Blog

May A Cancelled Limited Liability Company Convey Property?

By Keith Paul Bishop
December 13, 2023

When a California limited liability company files a certificate of cancellation its powers, rights, and privileges cease.  Cal. Corp. Code § 17707.08(b)(2)(C).  This seemingly would preclude any further activity by the LLC, including any further dispositions of its property.  Section…

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