2025 Florida Statutes
< Back to Statute Search ResultsTitle XXXVI BUSINESS ORGANIZATIONS
Chapter 605
FLORIDA REVISED LIMITED LIABILITY COMPANY ACT
SECTION 2602Restrictions on entity transactions involving protected series.
1605.2602 Restrictions on entity transactions involving protected series.—Except as provided in ss. 605.2605(2), 605.2606(2), and 605.2607(1), a protected series may not participate in; be a party to; result from; or be formed, organized, established, or created by either of the following:
(1) A conversion, domestication, interest exchange, or merger under this chapter or the law of a foreign jurisdiction, however the transaction is denominated under such law; or
(2) A transaction with the same substantive effect as a conversion, domestication, interest exchange, or merger under the law of this state or a foreign jurisdiction.
History.—s. 32, ch. 2025-162.