Tribeca Companies, LLC v. First American Title Ins. Co., 239 Cal. App. 4th 1088, 1091, 192 Cal. Rptr. 3d 354, 357 (2015). 
 
Limited liability companies formed under California's former Beverly-Killea Limited Liability Company Act have members not shareholders.  Cal. Corp. Code § 17050(b) (repealed).  While an operating agreement may denominate members as shareholders.  Further, LLCs were formed by the filing of articles of organization (not incorporation).  Cal. Corp. Code § 17050(a) (repealed).