Florida Statute 605.0803 | 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. 605.0803

605.0803 Proper plaintiff.—A derivative action to enforce a right of a limited liability company may be commenced only by a person who is a member at the time the action is commenced and:

(1) Was a member when the conduct giving rise to the action occurred; or

(2) Whose status as a member devolved on the person by operation of law or pursuant to the terms of the operating agreement from a person who was a member when the conduct giving rise to the action occurred.

History.—s. 2, ch. 2013-180; s. 256, ch. 2019-90.

F.S. 605.0803 on Google Scholar

F.S. 605.0803 on Casetext

Amendments to 605.0803

Arrestable Offenses / Crimes under Fla. Stat. 605.0803

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 605.0803.

Annotations, Discussions, Cases:

Cases Citing Statute 605.0803

Total Results: 2

HOME TITLE COMPANY OF MARYLAND, INC. v. MICHAEL J. LASALLA

Court: District Court of Appeal of Florida | Date Filed: 2018-11-16

Citation: 257 So. 3d 640

Snippet: proper plaintiffs in such actions. §§ 605.0802, 605.0803. Even assuming that LaSalla was permitted under

Landmark Funding, Inc. v. Chaluts

Court: District Court of Appeal of Florida | Date Filed: 2017-03-15

Citation: 213 So. 3d 1078, 2017 WL 1013133, 2017 Fla. App. LEXIS 3423

Snippet: from someone who was a member at that time. See § 605.0803, -Fla. Stat. (2014). The operative complaint in