Florida Statute 605.0701 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 605
FLORIDA REVISED LIMITED LIABILITY COMPANY ACT

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F.S. 605.0701

605.0701 Events causing dissolution.—A limited liability company is dissolved and its activities and affairs must be wound up upon the occurrence of the following:

(1) An event or circumstance that the operating agreement states causes dissolution.

(2) The consent of all the members.

(3) The passage of 90 consecutive days during which the company has no members, unless:

(a) Consent to admit at least one specified person as a member is given by transferees owning the rights to receive a majority of distributions as transferees at the time the consent is to be effective; and

(b) At least one person becomes a member in accordance with the consent.

(4) The entry of a decree of judicial dissolution in accordance with s. 605.0705.

(5) The filing of a statement of administrative dissolution by the department pursuant to s. 605.0714.

History.—s. 2, ch. 2013-180.

F.S. 605.0701 on Google Scholar

F.S. 605.0701 on Casetext

Amendments to 605.0701

Arrestable Offenses / Crimes under Fla. Stat. 605.0701

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 605.0701.

Annotations, Discussions, Cases:

Cases Citing Statute 605.0701

Total Results: 1

Precious Ezeamama v. In Re: The Estate of Catherine Ezeamama Chibugo

Court: Fla. Dist. Ct. App. | Date Filed: 2024-05-01T00:00:00-07:00

Snippet: affairs must be wound up . . . .” § 605.0701(3), Fla. Stat. (2023). Upon the occurrence of …event causing dissolution, set forth in section 605.0701(1)-(3), the LLC “shall deliver for filing articles…become an event causing dissolution under section 605.0701. Section 605.0707 then requires the LLC to be