Florida Revised Limited Liability Company Act

Overview

Sections covered

• Fla. Stat. § 605.0101Short title1 cite
• Fla. Stat. § 605.0102Definitions1 cite
• Fla. Stat. § 605.0103Knowledge; notice
• Fla. Stat. § 605.0104Governing law
• Fla. Stat. § 605.0105Operating agreement; scope, function, and limitations
• Fla. Stat. § 605.0106Operating agreement; effect on limited liability company and person becoming member; preformation agreement; other matters involving operating agreement
• Fla. Stat. § 605.0107Operating agreement; effect on third parties and relationship to records effective on behalf of limited liability company
• Fla. Stat. § 605.0108Nature, purpose, and duration of limited liability company
• Fla. Stat. § 605.0109Powers
• Fla. Stat. § 605.0110Limited liability company property
• Fla. Stat. § 605.0111Rules of construction and supplemental principles of law
• Fla. Stat. § 605.0112Name
• Fla. Stat. § 605.01125Reserved name
• Fla. Stat. § 605.0113Registered agent
• Fla. Stat. § 605.0114Change of registered agent or registered office
• Fla. Stat. § 605.0115Resignation of registered agent
• Fla. Stat. § 605.0116Change of name or address by registered agent
• Fla. Stat. § 605.0117Serving process, giving notice, or making a demand
• Fla. Stat. § 605.0118Delivery of record
• Fla. Stat. § 605.0119Waiver of notice
• Fla. Stat. § 605.0201Formation of limited liability company; articles of organization
• Fla. Stat. § 605.0202Amendment or restatement of articles of organization
• Fla. Stat. § 605.0203Signing of records to be delivered for filing to department
• Fla. Stat. § 605.0204Signing and filing pursuant to judicial order
• Fla. Stat. § 605.0205Liability for inaccurate information in filed record
• Fla. Stat. § 605.0206Filing requirements
• Fla. Stat. § 605.0207Effective date and time
• Fla. Stat. § 605.0208Withdrawal of filed record before effectiveness
• Fla. Stat. § 605.0209Correcting filed record
• Fla. Stat. § 605.0210Duty of department to file; review of refusal to file; transmission of information by department
• Fla. Stat. § 605.0211Certificate of status
• Fla. Stat. § 605.0212Annual report for department
• Fla. Stat. § 605.0213Fees of the department
• Fla. Stat. § 605.0214Powers of department
• Fla. Stat. § 605.0215Certificates to be received in evidence and evidentiary effect of certified copy of filed document
• Fla. Stat. § 605.0216Statement of dissociation or resignation
• Fla. Stat. § 605.0301Power to bind limited liability company
• Fla. Stat. § 605.0302Statement of authority
• Fla. Stat. § 605.0303Statement of denial
• Fla. Stat. § 605.0304Liability of members and managers
• Fla. Stat. § 605.0401Becoming a member
• Fla. Stat. § 605.0402Form of contribution
• Fla. Stat. § 605.0403Liability for contributions
• Fla. Stat. § 605.0404Sharing of distributions before dissolution and profits and losses
• Fla. Stat. § 605.0405Limitations on distributions
• Fla. Stat. § 605.0406Liability for improper distributions
• Fla. Stat. § 605.0407Management of limited liability company
• Fla. Stat. § 605.04071Delegation of rights and powers to manage
• Fla. Stat. § 605.04072Selection and terms of managers in a manager-managed limited liability company
• Fla. Stat. § 605.04073Voting rights of members and managers
• Fla. Stat. § 605.04074Agency rights of members and managers
• Fla. Stat. § 605.0408Reimbursement, indemnification, advancement, and insurance
• Fla. Stat. § 605.04091Standards of conduct for members and managers3 cites
• Fla. Stat. § 605.04092Conflict of interest transactions
• Fla. Stat. § 605.04093Limitation of liability of managers and members
• Fla. Stat. § 605.0410Records to be kept; rights of member, manager, and person dissociated to information2 cites
• Fla. Stat. § 605.0411Court-ordered inspection
• Fla. Stat. § 605.0501Nature of transferable interest
• Fla. Stat. § 605.0502Transfer of transferable interest
• Fla. Stat. § 605.0503Charging order2 cites
• Fla. Stat. § 605.0504Power of legal representative
• Fla. Stat. § 605.0601Power to dissociate as member; wrongful dissociation
• Fla. Stat. § 605.0602Events causing dissociation
• Fla. Stat. § 605.0603Effect of dissociation
• Fla. Stat. § 605.0701Events causing dissolution
• Fla. Stat. § 605.0702Grounds for judicial dissolution
• Fla. Stat. § 605.0703Procedure for judicial dissolution; alternative remedies
• Fla. Stat. § 605.0704Receivership or custodianship
• Fla. Stat. § 605.0705Decree of dissolution
• Fla. Stat. § 605.0706Election to purchase instead of dissolution
• Fla. Stat. § 605.0707Articles of dissolution; filing of articles of dissolution
• Fla. Stat. § 605.0708Revocation of articles of dissolution
• Fla. Stat. § 605.0709Winding up
• Fla. Stat. § 605.0710Disposition of assets in winding up
• Fla. Stat. § 605.0711Known claims against dissolved limited liability company
• Fla. Stat. § 605.0712Other claims against a dissolved limited liability company
• Fla. Stat. § 605.0713Court proceedings
• Fla. Stat. § 605.0714Administrative dissolution1 cite
• Fla. Stat. § 605.0715Reinstatement
• Fla. Stat. § 605.0716Judicial review of denial of reinstatement
• Fla. Stat. § 605.0717Effect of dissolution1 cite
• Fla. Stat. § 605.0801Direct action by member1 cite
• Fla. Stat. § 605.0802Derivative action1 cite
• Fla. Stat. § 605.0803Proper plaintiff
• Fla. Stat. § 605.0804Special litigation committee
• Fla. Stat. § 605.0805Proceeds and expenses
• Fla. Stat. § 605.0806Voluntary dismissal or settlement; notice
• Fla. Stat. § 605.0901Governing law
• Fla. Stat. § 605.0902Application for certificate of authority
• Fla. Stat. § 605.0903Effect of a certificate of authority
• Fla. Stat. § 605.0904Effect of failure to have certificate of authority2 cites
• Fla. Stat. § 605.0905Activities not constituting transacting business
• Fla. Stat. § 605.0906Noncomplying name of foreign limited liability company
• Fla. Stat. § 605.0907Amendment to certificate of authority
• Fla. Stat. § 605.0908Revocation of certificate of authority
• Fla. Stat. § 605.0909Reinstatement following revocation of certificate of authority
• Fla. Stat. § 605.09091Judicial review of denial of reinstatement
• Fla. Stat. § 605.0910Withdrawal and cancellation of certificate of authority
• Fla. Stat. § 605.0911Withdrawal deemed on conversion to domestic filing entity
• Fla. Stat. § 605.0912Withdrawal on dissolution, merger, or conversion to nonfiling entity
• Fla. Stat. § 605.0913Action by Department of Legal Affairs
• Fla. Stat. § 605.1001Relationship of the provisions of this section and ss. 605.1002-605.1072 to other laws
• Fla. Stat. § 605.1002Charitable and donative provisions
• Fla. Stat. § 605.1003Status of filings
• Fla. Stat. § 605.1004Nonexclusivity
• Fla. Stat. § 605.1005Reference to external facts
• Fla. Stat. § 605.1006Appraisal rights
• Fla. Stat. § 605.1021Merger authorized
• Fla. Stat. § 605.1022Plan of merger
• Fla. Stat. § 605.1023Approval of merger
• Fla. Stat. § 605.1024Amendment or abandonment of plan of merger
• Fla. Stat. § 605.1025Articles of merger
• Fla. Stat. § 605.1026Effect of merger
• Fla. Stat. § 605.1031Interest exchange authorized
• Fla. Stat. § 605.1032Plan of interest exchange
• Fla. Stat. § 605.1033Approval of interest exchange
• Fla. Stat. § 605.1034Amendment or abandonment of plan of interest exchange
• Fla. Stat. § 605.1035Articles of interest exchange
• Fla. Stat. § 605.1036Effect of interest exchange
• Fla. Stat. § 605.1041Conversion authorized
• Fla. Stat. § 605.1042Plan of conversion
• Fla. Stat. § 605.1043Approval of conversion
• Fla. Stat. § 605.1044Amendment or abandonment of plan of conversion
• Fla. Stat. § 605.1045Articles of conversion
• Fla. Stat. § 605.1046Effect of conversion
• Fla. Stat. § 605.1051Domestication authorized
• Fla. Stat. § 605.1052Plan of domestication
• Fla. Stat. § 605.1053Approval of domestication
• Fla. Stat. § 605.1054Amendment or abandonment of plan of domestication
• Fla. Stat. § 605.1055Articles of domestication
• Fla. Stat. § 605.1056Effect of domestication
• Fla. Stat. § 605.1061Appraisal rights; definitions
• Fla. Stat. § 605.1062Assertion of rights by nominees and beneficial owners
• Fla. Stat. § 605.1063Notice of appraisal rights
• Fla. Stat. § 605.1064Notice of intent to demand payment
• Fla. Stat. § 605.1065Appraisal notice and form
• Fla. Stat. § 605.1066Perfection of rights; right to withdraw
• Fla. Stat. § 605.1067Member’s acceptance of limited liability company’s offer
• Fla. Stat. § 605.1068Procedure if member is dissatisfied with offer
• Fla. Stat. § 605.1069Court action
• Fla. Stat. § 605.1070Court costs and attorney fees
• Fla. Stat. § 605.1071Limitation on limited liability company payment
• Fla. Stat. § 605.1072Other remedies limited
• Fla. Stat. § 605.1101Uniformity of application and construction
• Fla. Stat. § 605.1102Relation to Electronic Signatures in Global and National Commerce Act
• Fla. Stat. § 605.1103Tax exemption on income of certain limited liability companies
• Fla. Stat. § 605.1104Interrogatories by department; other powers of department
• Fla. Stat. § 605.1105Reservation of power to amend or repeal
• Fla. Stat. § 605.1106Savings clause
• Fla. Stat. § 605.1107Severability clause
• Fla. Stat. § 605.1108Application to limited liability company formed under the Florida Limited Liability Company Act
• Fla. Stat. § 605.2101Short title
• Fla. Stat. § 605.2102Definitions
• Fla. Stat. § 605.2103Nature of protected status
• Fla. Stat. § 605.2104Powers and duration of protected series
• Fla. Stat. § 605.2105Protected series governing law
• Fla. Stat. § 605.2106Relation of a protected series operating agreement and the protected series provisions of this chapter
• Fla. Stat. § 605.2107Additional limitations on operating agreements
• Fla. Stat. § 605.2108Application of this chapter to protected series
• Fla. Stat. § 605.2201Establishment of protected series; change of designation
• Fla. Stat. § 605.2202Protected series name
• Fla. Stat. § 605.2203Registered agent
• Fla. Stat. § 605.2204Series limited liability company; service of process; giving notice or making demand
• Fla. Stat. § 605.2205Certificate of status for domestic or foreign protected series
• Fla. Stat. § 605.2206Information required in annual report; failure to comply
• Fla. Stat. § 605.2301Associated asset
• Fla. Stat. § 605.2302Associated member
• Fla. Stat. § 605.2303Protected-series transferable interest
• Fla. Stat. § 605.2304Management
• Fla. Stat. § 605.2305Right of a person that is not an associated member of a protected series to information of a protected series
• Fla. Stat. § 605.2401Limitations on liability
• Fla. Stat. § 605.2402Claim seeking to disregard limitation of liability
• Fla. Stat. § 605.2403Remedies of judgment creditor of associated member or other holder of a protected-series transferee
• Fla. Stat. § 605.2404Enforcement of claim against non-associated asset
• Fla. Stat. § 605.2501Events causing dissolution of protected series
• Fla. Stat. § 605.2502Winding up dissolved protected series
• Fla. Stat. § 605.2503Effects of reinstatement of series limited liability company; revocation of voluntary dissolution
• Fla. Stat. § 605.2601Entity transactions involving a series limited liability company or a protected series of the company restricted; definitions
• Fla. Stat. § 605.2602Restrictions on entity transactions involving protected series
• Fla. Stat. § 605.2603Restrictions on entity transactions involving series limited liability company
• Fla. Stat. § 605.2604Restrictions on merger
• Fla. Stat. § 605.2605Plan of merger
• Fla. Stat. § 605.2606Articles of merger
• Fla. Stat. § 605.2607Effect of merger
• Fla. Stat. § 605.2608Application of s. 605.2404 after merger
• Fla. Stat. § 605.2701Governing law; foreign series limited liability companies and foreign protected series
• Fla. Stat. § 605.2702No attribution of activities constituting transacting business or for establishing jurisdiction
• Fla. Stat. § 605.2703Certificate of authority for foreign series limited liability company and foreign protected series; amendment of application
• Fla. Stat. § 605.2704Disclosure required when a foreign series limited liability company or foreign protected series becomes a party to a proceeding
• Fla. Stat. § 605.2801Relation to Electronic Signatures in Global and National Commerce Act
• Fla. Stat. § 605.2802Effective date