§ 621.08, Fla. Stat. · Chapter 621. PROFESSIONAL SERVICE CORPORATIONS AND LIMITED LIABILITY COMPANIES
Limitation on corporation’s or limited liability company’s business transactions; investment of funds.
Text — 2026 Florida Statutes
No corporation or limited liability company organized under this act shall engage in any business other than the rendering of the professional services for which it was specifically organized; provided, however, nothing in this act or in any other provisions of existing law applicable to corporations or limited liability companies shall be interpreted to prohibit such corporation or limited liability company from investing its funds in real estate, mortgages, stocks, bonds, or any other type of investments, or from owning real or personal property necessary for the rendering of professional services.
Notes and commentary — not statutory text
History
s. 8, ch. 61-64; s. 9, ch. 93-110; s. 82, ch. 93-284.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0621/0621.html
- Text hash
- sha256 2ef712a1b0aabdb48b4abaabf8a7574781513a367ead3685bc7f2abfedf758d7
- 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 2 provisions
Provisions in this library whose text cites § 621.08, Fla. Stat.. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.