Nature, purpose, and duration of limited liability company

Florida Statutes

Section: 605.0108

Jurisdiction: FL

Bluebook Citation: Fla. Stat. § 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.

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