Florida Statute 605.0108 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 605
FLORIDA REVISED LIMITED LIABILITY COMPANY ACT

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605.0108 Nature, purpose, and duration of limited liability company.—

(1) A limited liability company is an entity distinct from its members.

(2) A limited liability company may have any lawful purpose, regardless of whether the company is a for-profit company.

(3) A limited liability company has an indefinite duration.

History.—s. 2, ch. 2013-180.

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Amendments to 605.0108

Annotations, Discussions, Cases:

Cases Citing Statute 605.0108

Total Results: 2 | Sort by: Relevance | Newest First

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Krisia Del Prado v. Optimus U.S. 801 NW 47th Ave, LLC, etc. (Fla. 3d DCA 2024).

Published | Florida 3rd District Court of Appeal

...relief’ in exceptional circumstances, and is to be narrowly construed”) (citations omitted); Toledano v. Garcia, 338 So. 3d 1009, 1012 (Fla. 3d DCA 2022) (noting abuse of discretion standard in reviewing an order denying a Fla. R. Civ. P. 1.540(b) motion); see also § 605.0108(1), Fla....

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S & a Prop. Inv. Servs., LLC v. Pedro J. Garcia, Etc. (Fla. 3d DCA 2023).

Published | Florida 3rd District Court of Appeal

...arly, the transfer of the property from the Andersons – who held the property in the entireties – to Taxpayer, a Florida LLC, constituted a change of ownership. Taxpayer is an entity separate and distinct from its owners, the Andersons. § 605.0108(1), Fla....

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