§ 605.1067, Fla. Stat. · Chapter 605. FLORIDA REVISED LIMITED LIABILITY COMPANY ACT
Member’s acceptance of limited liability company’s offer.
Text — 2026 Florida Statutes
(1) If the member states on the form provided in s. 605.1065(1) that the member accepts the offer of the limited liability company to pay the limited liability company’s estimated fair value for the membership interest, the limited liability company shall make the payment to the member within 90 days after the limited liability company’s receipt of the items required by s. 605.1066(1).
(2) Upon payment of the agreed value, the member shall cease to have an interest in the membership interest.
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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