Florida Statute 621.11 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 621
PROFESSIONAL SERVICE CORPORATIONS AND LIMITED LIABILITY COMPANIES

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F.S. 621.11

621.11 Alienation of shares and ownership interests; restrictions.—

(1) No shareholder of a corporation organized under this act may sell or transfer her or his shares in such corporation except to another professional corporation, professional limited liability company, or individual, each of which must be eligible to be a shareholder of such corporation.

(2) No member of a limited liability company organized under this act may sell or transfer ownership interest in the limited liability company except to another professional corporation, professional limited liability company, or individual, each of which must be eligible to be a member of the limited liability company.

History.—s. 11, ch. 61-64; s. 3, ch. 67-590; s. 12, ch. 93-110; s. 85, ch. 93-284; s. 171, ch. 97-102.

F.S. 621.11 on Google Scholar

F.S. 621.11 on Casetext

Amendments to 621.11

Arrestable Offenses / Crimes under Fla. Stat. 621.11

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 621.11.

Annotations, Discussions, Cases:

Cases Citing Statute 621.11

Total Results: 6

J.B. Harris, P.A. v. Virage Capital Management LP

Court: District Court of Appeal of Florida | Date Filed: 2024-11-27

Snippet: § 11, Ch. 61-64, Laws of Fla. (1961). Compare § 621.11(1), Fla. Stat. (2024). The provisions of

L.S. v. Dep't of Children & Families

Court: District Court of Appeal of Florida | Date Filed: 2019-06-25

Citation: 274 So. 3d 556

Snippet: returned to Mother's custody. See §§ 39.522(3), 39.621(11), Fla. Stat. (2018) ; K.C. v. Dep't of Child. &

L.S. v. Dep't of Children & Families

Court: District Court of Appeal of Florida | Date Filed: 2019-06-25

Citation: 274 So. 3d 556

Snippet: returned to Mother's custody. See §§ 39.522(3), 39.621(11), Fla. Stat. (2018) ; K.C. v. Dep't of Child. &

CORLETT, KILLIAN, HARDEMAN v. Merritt

Court: District Court of Appeal of Florida | Date Filed: 1985-12-03

Citation: 478 So. 2d 828

Snippet: shareholder] and such corporation." Sections 621.09 and 621.11 provide, respectively, that capital stock of professional

Street v. Sugerman

Court: Supreme Court of Florida | Date Filed: 1967-09-27

Citation: 202 So. 2d 749

Snippet: corporation. (See F.S. § 621.09, F.S.A. and F.S. § 621.11, F.S.A.) There is no doubt but that the statute

Sugerman v. Street

Court: District Court of Appeal of Florida | Date Filed: 1967-04-18

Citation: 198 So. 2d 57, 1967 Fla. App. LEXIS 4732

Snippet: voted or counted for any purpose. * * * ” Section 621.11, Florida Statutes, F.S.A. (Emphasis supplied) ‡