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2025 Florida Statutes

Title XXXVI BUSINESS ORGANIZATIONS
Chapter 605 FLORIDA REVISED LIMITED LIABILITY COMPANY ACT Entire Chapter
SECTION 2104
Powers and duration of protected series.
F.S. 605.2104
1605.2104 Powers and duration of protected series.—
(1) A protected series of a series limited liability company has the capacity to sue and be sued in its own name.
(2) Except as otherwise provided in subsections (3) and (4), a protected series of a series limited liability company has the same powers and purposes as the series limited liability company.
(3) A protected series of a series limited liability company ceases to exist not later than when the series limited liability company completes its winding up.
(4) A protected series of a series limited liability company may not be or do, as applicable, any of the following:
(a) Be a member of the series limited liability company;
(b) Establish a protected series; or
(c) Except as permitted by the laws of this state other than this chapter, have a purpose or power, or take an action, that the laws of this state other than this chapter prohibit a limited liability company from having or doing.
History.—s. 8, ch. 2025-162.
1Note.—Effective July 1, 2026.