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2017 Florida Statutes

SECTION 0108
Nature, purpose, and duration of limited liability company.
F.S. 605.0108
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.