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2018 Florida Statutes
Title XXXVI - Business Organizations
Chapter 605 - Florida Revised Limited Liability Company Act
605.0108 - Nature, Purpose, and Duration of Limited Liability Company.
Universal Citation: FL Stat § 605.0108 (2018)
605.0108 Nature, purpose, and duration of limited liability company.—
(1) A limited liability company is an entity distinct from its members.
(2) A limited liability company may have any lawful purpose, regardless of whether the company is a for-profit company.
(3) A limited liability company has an indefinite duration.
History.—s. 2, ch. 2013-180.
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