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The Florida Senate

1998 Florida Statutes

SECTION 4494
Deposit with Department of Banking and Finance.

608.4494  Deposit with Department of Banking and Finance.--Assets of a dissolved limited liability company that should be transferred to a creditor, claimant, or member of the limited liability company who cannot be found or who is not competent to receive them shall be deposited, within 6 months from the date fixed for the payment of the final liquidating distribution, with the Department of Banking and Finance, where such assets shall be held as abandoned property. When the creditor, claimant, or member furnishes satisfactory proof of entitlement to the amount or assets deposited, the Department of Banking and Finance shall pay him or her or his or her representative that amount or those assets.

History.--s. 54, ch. 93-284; s. 63, ch. 97-102.