Florida Chapter 605 — Florida Revised Limited Liability Company Act

191 sections hosted, reproduced from the official public-domain source.

Fla. Stat. § 605.0101— Short title
Fla. Stat. § 605.0102— Definitions
Fla. Stat. § 605.0103— Knowledge; notice
Fla. Stat. § 605.0104— Governing law
Fla. Stat. § 605.0105— Operating agreement; scope, function, and limitations
Fla. Stat. § 605.0106— Operating agreement; effect on limited liability company and person becoming member; preformation agreement; other matters involving operating agreement
Fla. Stat. § 605.0107— Operating agreement; effect on third parties and relationship to records effective on behalf of limited liability company
Fla. Stat. § 605.0108— Nature, purpose, and duration of limited liability company
Fla. Stat. § 605.0109— Powers
Fla. Stat. § 605.0110— Limited liability company property
Fla. Stat. § 605.0111— Rules of construction and supplemental principles of law
Fla. Stat. § 605.0112— Name
Fla. Stat. § 605.0113— Registered agent
Fla. Stat. § 605.0114— Change of registered agent or registered office
Fla. Stat. § 605.0115— Resignation of registered agent
Fla. Stat. § 605.0116— Change of name or address by registered agent
Fla. Stat. § 605.0117— Serving process, giving notice, or making a demand
Fla. Stat. § 605.0118— Delivery of record
Fla. Stat. § 605.0119— Waiver of notice
Fla. Stat. § 605.0201— Formation of limited liability company; articles of organization
Fla. Stat. § 605.0202— Amendment or restatement of articles of organization
Fla. Stat. § 605.0203— Signing of records to be delivered for filing to department
Fla. Stat. § 605.0204— Signing and filing pursuant to judicial order
Fla. Stat. § 605.0205— Liability for inaccurate information in filed record
Fla. Stat. § 605.0206— Filing requirements
Fla. Stat. § 605.0207— Effective date and time
Fla. Stat. § 605.0208— Withdrawal of filed record before effectiveness
Fla. Stat. § 605.0209— Correcting filed record
Fla. Stat. § 605.0210— Duty of department to file; review of refusal to file; transmission of information by department
Fla. Stat. § 605.0211— Certificate of status
Fla. Stat. § 605.0212— Annual report for department
Fla. Stat. § 605.0213— Fees of the department
Fla. Stat. § 605.0214— Powers of department
Fla. Stat. § 605.0215— Certificates to be received in evidence and evidentiary effect of certified copy of filed document
Fla. Stat. § 605.0216— Statement of dissociation or resignation
Fla. Stat. § 605.0301— Power to bind limited liability company
Fla. Stat. § 605.0302— Statement of authority
Fla. Stat. § 605.0303— Statement of denial
Fla. Stat. § 605.0304— Liability of members and managers
Fla. Stat. § 605.0401— Becoming a member
Fla. Stat. § 605.0402— Form of contribution
Fla. Stat. § 605.0403— Liability for contributions
Fla. Stat. § 605.0404— Sharing of distributions before dissolution and profits and losses
Fla. Stat. § 605.0405— Limitations on distributions
Fla. Stat. § 605.0406— Liability for improper distributions
Fla. Stat. § 605.0407— Management of limited liability company
Fla. Stat. § 605.0408— Reimbursement, indemnification, advancement, and insurance
Fla. Stat. § 605.0410— Records to be kept; rights of member, manager, and person dissociated to information
Fla. Stat. § 605.0411— Court-ordered inspection
Fla. Stat. § 605.0501— Nature of transferable interest
Fla. Stat. § 605.0502— Transfer of transferable interest
Fla. Stat. § 605.0503— Charging order
Fla. Stat. § 605.0504— Power of legal representative
Fla. Stat. § 605.0601— Power to dissociate as member; wrongful dissociation
Fla. Stat. § 605.0602— Events causing dissociation
Fla. Stat. § 605.0603— Effect of dissociation
Fla. Stat. § 605.0701— Events causing dissolution
Fla. Stat. § 605.0702— Grounds for judicial dissolution
Fla. Stat. § 605.0703— Procedure for judicial dissolution; alternative remedies
Fla. Stat. § 605.0704— Receivership or custodianship
Fla. Stat. § 605.0705— Decree of dissolution
Fla. Stat. § 605.0706— Election to purchase instead of dissolution
Fla. Stat. § 605.0707— Articles of dissolution; filing of articles of dissolution
Fla. Stat. § 605.0708— Revocation of articles of dissolution
Fla. Stat. § 605.0709— Winding up
Fla. Stat. § 605.0710— Disposition of assets in winding up
Fla. Stat. § 605.0711— Known claims against dissolved limited liability company
Fla. Stat. § 605.0712— Other claims against a dissolved limited liability company
Fla. Stat. § 605.0713— Court proceedings
Fla. Stat. § 605.0714— Administrative dissolution
Fla. Stat. § 605.0715— Reinstatement
Fla. Stat. § 605.0716— Judicial review of denial of reinstatement
Fla. Stat. § 605.0717— Effect of dissolution
Fla. Stat. § 605.0801— Direct action by member
Fla. Stat. § 605.0802— Derivative action
Fla. Stat. § 605.0803— Proper plaintiff
Fla. Stat. § 605.0804— Special litigation committee
Fla. Stat. § 605.0805— Proceeds and expenses
Fla. Stat. § 605.0806— Voluntary dismissal or settlement; notice
Fla. Stat. § 605.0901— Governing law
Fla. Stat. § 605.0902— Application for certificate of authority
Fla. Stat. § 605.0903— Effect of a certificate of authority
Fla. Stat. § 605.0904— Effect of failure to have certificate of authority
Fla. Stat. § 605.0905— Activities not constituting transacting business
Fla. Stat. § 605.0906— Noncomplying name of foreign limited liability company
Fla. Stat. § 605.0907— Amendment to certificate of authority
Fla. Stat. § 605.0908— Revocation of certificate of authority
Fla. Stat. § 605.0909— Reinstatement following revocation of certificate of authority
Fla. Stat. § 605.0910— Withdrawal and cancellation of certificate of authority
Fla. Stat. § 605.0911— Withdrawal deemed on conversion to domestic filing entity
Fla. Stat. § 605.0912— Withdrawal on dissolution, merger, or conversion to nonfiling entity
Fla. Stat. § 605.0913— Action by Department of Legal Affairs
Fla. Stat. § 605.1001— Relationship of the provisions of this section and ss. 605.1002-605.1072 to other laws
Fla. Stat. § 605.1002— Charitable and donative provisions
Fla. Stat. § 605.1003— Status of filings
Fla. Stat. § 605.1004— Nonexclusivity
Fla. Stat. § 605.1005— Reference to external facts
Fla. Stat. § 605.1006— Appraisal rights
Fla. Stat. § 605.1021— Merger authorized
Fla. Stat. § 605.1022— Plan of merger
Fla. Stat. § 605.1023— Approval of merger
Fla. Stat. § 605.1024— Amendment or abandonment of plan of merger
Fla. Stat. § 605.1025— Articles of merger
Fla. Stat. § 605.1026— Effect of merger
Fla. Stat. § 605.1031— Interest exchange authorized
Fla. Stat. § 605.1032— Plan of interest exchange
Fla. Stat. § 605.1033— Approval of interest exchange
Fla. Stat. § 605.1034— Amendment or abandonment of plan of interest exchange
Fla. Stat. § 605.1035— Articles of interest exchange
Fla. Stat. § 605.1036— Effect of interest exchange
Fla. Stat. § 605.1041— Conversion authorized
Fla. Stat. § 605.1042— Plan of conversion
Fla. Stat. § 605.1043— Approval of conversion
Fla. Stat. § 605.1044— Amendment or abandonment of plan of conversion
Fla. Stat. § 605.1045— Articles of conversion
Fla. Stat. § 605.1046— Effect of conversion
Fla. Stat. § 605.1051— Domestication authorized
Fla. Stat. § 605.1052— Plan of domestication
Fla. Stat. § 605.1053— Approval of domestication
Fla. Stat. § 605.1054— Amendment or abandonment of plan of domestication
Fla. Stat. § 605.1055— Articles of domestication
Fla. Stat. § 605.1056— Effect of domestication
Fla. Stat. § 605.1061— Appraisal rights; definitions
Fla. Stat. § 605.1062— Assertion of rights by nominees and beneficial owners
Fla. Stat. § 605.1063— Notice of appraisal rights
Fla. Stat. § 605.1064— Notice of intent to demand payment
Fla. Stat. § 605.1065— Appraisal notice and form
Fla. Stat. § 605.1066— Perfection of rights; right to withdraw
Fla. Stat. § 605.1067— Member’s acceptance of limited liability company’s offer
Fla. Stat. § 605.1068— Procedure if member is dissatisfied with offer
Fla. Stat. § 605.1069— Court action
Fla. Stat. § 605.1070— Court costs and attorney fees
Fla. Stat. § 605.1071— Limitation on limited liability company payment
Fla. Stat. § 605.1072— Other remedies limited
Fla. Stat. § 605.1101— Uniformity of application and construction
Fla. Stat. § 605.1102— Relation to Electronic Signatures in Global and National Commerce Act
Fla. Stat. § 605.1103— Tax exemption on income of certain limited liability companies
Fla. Stat. § 605.1104— Interrogatories by department; other powers of department
Fla. Stat. § 605.1105— Reservation of power to amend or repeal
Fla. Stat. § 605.1106— Savings clause
Fla. Stat. § 605.1107— Severability clause
Fla. Stat. § 605.1108— Application to limited liability company formed under the Florida Limited Liability Company Act
Fla. Stat. § 605.01125— Reserved name
Fla. Stat. § 605.2101— Short title
Fla. Stat. § 605.2102— Definitions
Fla. Stat. § 605.2103— Nature of protected status
Fla. Stat. § 605.2104— Powers and duration of protected series
Fla. Stat. § 605.2105— Protected series governing law
Fla. Stat. § 605.2106— Relation of a protected series operating agreement and the protected series provisions of this chapter
Fla. Stat. § 605.2107— Additional limitations on operating agreements
Fla. Stat. § 605.2108— Application of this chapter to protected series
Fla. Stat. § 605.2201— Establishment of protected series; change of designation
Fla. Stat. § 605.2202— Protected series name
Fla. Stat. § 605.2203— Registered agent
Fla. Stat. § 605.2204— Series limited liability company; service of process; giving notice or making demand
Fla. Stat. § 605.2205— Certificate of status for domestic or foreign protected series
Fla. Stat. § 605.2206— Information required in annual report; failure to comply
Fla. Stat. § 605.2301— Associated asset
Fla. Stat. § 605.2302— Associated member
Fla. Stat. § 605.2303— Protected-series transferable interest
Fla. Stat. § 605.2304— Management
Fla. Stat. § 605.2305— Right of a person that is not an associated member of a protected series to information of a protected series
Fla. Stat. § 605.2401— Limitations on liability
Fla. Stat. § 605.2402— Claim seeking to disregard limitation of liability
Fla. Stat. § 605.2403— Remedies of judgment creditor of associated member or other holder of a protected-series transferee
Fla. Stat. § 605.2404— Enforcement of claim against non-associated asset
Fla. Stat. § 605.2501— Events causing dissolution of protected series
Fla. Stat. § 605.2502— Winding up dissolved protected series
Fla. Stat. § 605.2503— Effects of reinstatement of series limited liability company; revocation of voluntary dissolution
Fla. Stat. § 605.2601— Entity transactions involving a series limited liability company or a protected series of the company restricted; definitions
Fla. Stat. § 605.2602— Restrictions on entity transactions involving protected series
Fla. Stat. § 605.2603— Restrictions on entity transactions involving series limited liability company
Fla. Stat. § 605.2604— Restrictions on merger
Fla. Stat. § 605.2605— Plan of merger
Fla. Stat. § 605.2606— Articles of merger
Fla. Stat. § 605.2607— Effect of merger
Fla. Stat. § 605.2608— Application of s. 605.2404 after merger
Fla. Stat. § 605.2701— Governing law; foreign series limited liability companies and foreign protected series
Fla. Stat. § 605.2702— No attribution of activities constituting transacting business or for establishing jurisdiction
Fla. Stat. § 605.2703— Certificate of authority for foreign series limited liability company and foreign protected series; amendment of application
Fla. Stat. § 605.2704— Disclosure required when a foreign series limited liability company or foreign protected series becomes a party to a proceeding
Fla. Stat. § 605.2801— Relation to Electronic Signatures in Global and National Commerce Act
Fla. Stat. § 605.2802— Effective date
Fla. Stat. § 605.04071— Delegation of rights and powers to manage
Fla. Stat. § 605.04072— Selection and terms of managers in a manager-managed limited liability company
Fla. Stat. § 605.04073— Voting rights of members and managers
Fla. Stat. § 605.04074— Agency rights of members and managers
Fla. Stat. § 605.04091— Standards of conduct for members and managers
Fla. Stat. § 605.04092— Conflict of interest transactions
Fla. Stat. § 605.04093— Limitation of liability of managers and members
Fla. Stat. § 605.09091— Judicial review of denial of reinstatement