Plaintiff held a 25% membership interest in an LLC. She brought suit to dissolve the LLC, which was stayed while the majority members exercised their right under Corp. Code 17707.03 to have plaintiff’s share appraised and to buy her interest at the appraised value. In an appraisal under that section, the trial court is not bound by the appraisers’ award. However, the trial court is not required to make a de novo determination of value. The trial court also did not err in asking the appraisers to discuss the matter and see if they could arrive at a consensus value for plaintiff’s interest after each appraiser initially returned a separate (and differing) value for the interest. The trial court also did not abuse its discretion in applying a discount to the value of plaintiff’s interest due to the fact it was a minority holding. Section 17707.03 requires an appraisal of the minority interest’s “fair market value” which is the price a willing buyer would pay for it. A willing buyer would normally pay less for a minority interest for a variety of reasons. Authorities under Corp. Code 2000, which governs a similar appraisal process for minority interests in close corporations are not applicable because section 2000 requires appraisal of the minority interest’s “fair value” which the statute defines to mean its percentage share of the corporation’s liquidation value. That statutory language bars any minority discount. But section 17707.03 is different, employing “fair market value” instead.