There Is a Newer Version
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the Florida Statutes
1997 Florida Code
TITLE XXXVI BUSINESS ORGANIZATIONS
Chapter 608 Limited Liability Companies
608.4231 Voting by members and managers.
608.4231 Voting by members and managers.--
(1) Unless otherwise provided in the articles of organization or the regulations:
(a) All members of a limited liability company shall be entitled to vote on matters relating to the limited liability company; and
(b) Each member's vote shall be weighted in proportion to the member's relative capital account; however, if the capital account of each member is negative or zero, each member shall have one vote.
(2) Unless otherwise provided in the articles of organization or the regulations, any manager who is not a member shall not be entitled to vote on matters relating to the limited liability company.
History.--s. 25, ch. 93-284.
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