2025 Florida Statutes
< Back to Statute Search ResultsTitle XXXVI BUSINESS ORGANIZATIONS
Chapter 605
FLORIDA REVISED LIMITED LIABILITY COMPANY ACT
SECTION 2603Restrictions on entity transactions involving series limited liability company.
1605.2603 Restrictions on entity transactions involving series limited liability company.—A series limited liability company may not:
(1) Participate in; be a party to; result from; or be formed, organized, established, or created by either of the following:
(a) A conversion, domestication, or interest exchange, under this chapter or the law of a foreign jurisdiction, however the transaction is denominated under such law; or
(b) A transaction with the same substantive effect as a conversion, domestication, or interest exchange under the law of this state or a foreign jurisdiction.
(2) Except as otherwise provided in s. 605.2604, be a party to or the surviving company of either of the following:
(a) A merger under this chapter or the law of a foreign jurisdiction, however a merger is denominated under such law; or
(b) A transaction with the same substantive effect as a merger under the law of this state or a foreign jurisdiction.
History.—s. 33, ch. 2025-162.