§ 605.2302, Fla. Stat. · Chapter 605. FLORIDA REVISED LIMITED LIABILITY COMPANY ACT
Associated member.
Text — 2026 Florida Statutes
(1) Only a member of a series limited liability company may be an associated member of a protected series of the company.
(2) A member of a series limited liability company becomes an associated member of a protected series of the company if the operating agreement or a procedure established by the operating agreement states all of the following:
(a) That the member is an associated member of the protected series.
(b) The date on which the member became an associated member of the protected series.
(c) Any protected-series transferable interest the associated member has in connection with becoming or being an associated member of the protected series.
(3) If a person that is an associated member of a protected series of a series limited liability company is dissociated from the company, the person ceases to be an associated member of the protected series.
Notes and commentary — not statutory text
History
s. 20, ch. 2025-162.
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
- Text hash
- sha256 af945583015cdfba76ecbc8bd095705d87ee6420f0b076bb366f3e31f85478d8
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
- composed from the Legislature's structured HTML (one source of text; no PDF extraction); a second, independent reading of the same bytes agrees character for character
Cited by 1 provision
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The Florida Statutes
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