§ 605.0304, Fla. Stat. · Chapter 605. FLORIDA REVISED LIMITED LIABILITY COMPANY ACT
Liability of members and managers.
Text — 2026 Florida Statutes
(1) A debt, obligation, or other liability of a limited liability company is solely the debt, obligation, or other liability of the company. A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a member or manager. This subsection applies regardless of the dissolution of the company.
(2) The failure of a limited liability company to observe formalities relating to the exercise of its powers or management of its activities and affairs is not a ground for imposing liability on a member or manager of the company for a debt, obligation, or other liability of the company.
(3) The limitation of liability in this section is in addition to the limitations of liability provided for in s. 605.04093.
Notes and commentary — not statutory text
History
s. 2, ch. 2013-180.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0605/0605.html
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- sha256 64521075dbb77569ace2b9ab0abe0e9d36ae35b06430205b3805e698ad06ee4e
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