The Florida Senate

620.187  Limited liability limited partnership.--

(1)  A limited partnership may become a limited liability limited partnership by:

(a)  Obtaining the approval of the terms and conditions of the limited partnership becoming a limited liability limited partnership by the vote necessary to amend the limited partnership agreement; however, in the case of a limited partnership agreement that expressly considers contribution obligations, the vote required is the vote necessary to amend those provisions;

(b)  Filing a statement of qualification under s. 620.9001(3) of the Revised Uniform Partnership Act of 1995; and

(c)  Complying with the name requirements of s. 620.9002 of the Revised Uniform Partnership Act of 1995.

(2)  A limited liability limited partnership continues to be the same entity that existed before the filing of a statement of qualification under s. 620.9001(3) of the Revised Uniform Partnership Act of 1995.

(3)  Sections 620.8306(3) and 620.8307(2) of the Revised Uniform Partnership Act of 1995 apply to both general and limited partners of a limited liability limited partnership.

History.--s. 31, ch. 99-285.