CS/CS/CS/HB 531: Limited Liability Companies
GENERAL BILL by Judiciary Committee ; Economic Development and Tourism Subcommittee ; Civil Justice Subcommittee ; McGhee ; Spano ; (CO-INTRODUCERS) Campbell ; McBurney
Limited Liability Companies; Specifying that persons who are not members of a limited liability company are not deemed to have notice of a provision of the company's articles of organization which limits a person's authority to transfer real property held in the company's name unless such limitation appears in an affidavit, certificate, or other instrument that is recorded in a specified manner; removing the prohibition that an operating agreement may not vary the power of a person to dissociate, etc.
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Bill History
Date Chamber Action 1/28/2015 House • Filed
2/5/2015 House • Referred to Civil Justice Subcommittee; Economic Development and Tourism Subcommittee; Judiciary Committee -HJ 44
2/10/2015 House • PCS on Committee agenda-- Civil Justice Subcommittee, 02/17/15, 9:00 am, Sumner Hall
2/17/2015 House • CS by Civil Justice Subcommittee; YEAS 13 NAYS 0 -HJ 136
2/26/2015 House • Pending review of CS under Rule 7.19(c)
2/27/2015 House • Now in Economic Development and Tourism Subcommittee -HJ 131
3/3/2015 House • Introduced -HJ 44
• CS by Civil Justice Subcommittee read 1st time -HJ 130
3/6/2015 House • On Committee agenda-- Economic Development and Tourism Subcommittee, 03/10/15, 9:00 am, 12 HOB
3/10/2015 House • CS/CS by Economic Development and Tourism Subcommittee; YEAS 11 NAYS 0 -HJ 216
3/11/2015 House • Pending review of CS under Rule 7.19(c)
• CS/CS by Economic Development and Tourism Subcommittee read 1st time -HJ 213
3/12/2015 House • Now in Judiciary Committee -HJ 222
3/24/2015 House • On Committee agenda-- Judiciary Committee, 03/26/15, 1:00 pm, Sumner Hall
3/26/2015 House • CS/CS/CS by- Judiciary Committee; YEAS 18 NAYS 0 -HJ 345
3/27/2015 House • Pending review of CS -under Rule 7.19(c)
• CS/CS/CS by Judiciary Committee read 1st time -HJ 341
3/30/2015 House • Placed on Calendar -HJ 350
4/6/2015 House • Placed on Special Order Calendar, 04/08/15
4/8/2015 House • Read 2nd time -HJ 462
• Amendment(s) adopted (696881, 700397, 959833) -HJ 463
• Placed on 3rd reading
4/9/2015 House • Read 3rd time -HJ 496
• CS passed as amended; YEAS 114 NAYS 0 -HJ 497
4/15/2015 Senate • In Messages
• Referred to Commerce and Tourism; Judiciary; Rules -SJ 447
4/21/2015 Senate • Received -SJ 447
4/22/2015 Senate • Withdrawn from Commerce and Tourism; Judiciary; Rules -SJ 502
• Placed on Calendar, on 2nd reading -SJ 502
• Substituted for CS/CS/CS/SB 554 -SJ 502
• Read 2nd time -SJ 502
• Read 3rd time -SJ 502
• CS passed; YEAS 38 NAYS 0 -SJ 502
4/22/2015 House • Ordered enrolled -HJ 674
6/1/2015 • Signed by Officers and presented to Governor
6/11/2015 • Approved by Governor
6/15/2015 • Chapter No. 2015-148
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CS/CS/CS/HB 531, Enrolled (Current Bill Version) Posted 4/22/2015 at 4:26 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 554 (e1) Limited Liability Companies Simmons Identical Last Action: 4/22/2015 S Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 531 (Ch. 2015-148) -SJ 501
Location: Laid on Table
Citations - Statutes (35)
Citation Catchline Location in Bill Location In Bill Help 15.16 Reproduction of records; admissibility in evidence; electronic receipt and transmission of records; certification; acknowledgment. Page 17 (pdf) 48.062 Service on a limited liability company. Page 18 (pdf) 213.758 Transfer of tax liabilities. Page 19 (pdf) 220.02 Legislative intent. Page 20 (pdf) 220.03 Definitions. Page 21 (pdf) 220.13 “Adjusted federal income” defined. Page 22 (pdf) 310.181 Corporate powers. Page 23 (pdf) 440.02 Definitions. Page 24 (pdf) 605.0102 Definitions. Page 24 (pdf) 605.0103 Knowledge; notice. Page 3 (pdf) 605.0105 Operating agreement; scope, function, and limitations. Page 5 (pdf) 605.0111 Rules of construction and supplemental principles of law. Page 6 (pdf) 605.0401 Becoming a member. Page 25 (pdf) 605.04073 Voting rights of members and managers. Page 7 (pdf) 605.04074 Agency rights of members and managers. Page 26 (pdf) 605.04091 Standards of conduct for members and managers. Page 26 (pdf) 605.0410 Records to be kept; rights of member, manager, and person dissociated to information. Page 8 (pdf) 605.0602 Events causing dissociation. Page 27 (pdf) 605.0712 Other claims against a dissolved limited liability company. Page 23 (pdf) 605.0715 Reinstatement. Page 11 (pdf) 605.0717 Effect of dissolution. Page 28 (pdf) 605.0805 Proceeds and expenses. Page 28 (pdf) 605.0909 Reinstatement following revocation of certificate of authority. Page 13 (pdf) 605.1072 Other remedies limited. Page 15 (pdf) 605.1108 Application to limited liability company formed under the Florida Limited Liability Company Act. Page 29 (pdf) 606.06 Uniform business report. Page 29 (pdf) 607.1108 Merger of domestic corporation and other business entity. Page 25 (pdf) 607.1109 Articles of merger. Page 30 (pdf) 607.11101 Effect of merger of domestic corporation and other business entity. Page 30 (pdf) 621.12 Identification with individual shareholders or individual members. Page 31 (pdf) 636.204 License required. Page 32 (pdf) 655.0201 Service of process, notice, or demand on financial institutions. Page 32 (pdf) 658.2953 Interstate branching. Page 33 (pdf) 694.16 Conveyances by merger or conversion of business entities. Page 33 (pdf) 1002.395 Florida Tax Credit Scholarship Program. Page 34 (pdf) -
CS/CS/CS/HB 531, Engrossed 1 Posted 4/8/2015 at 10:20 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 554 (e1) Limited Liability Companies Simmons Identical Last Action: 4/22/2015 S Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 531 (Ch. 2015-148) -SJ 501
Location: Laid on Table
Floor Votes (2)
Date Chamber Result 4/9/2015 4:29 PM House 114 Yeas - 0 Nays 4/22/2015 3:22 PM Senate 38 Yeas - 0 Nays Citations - Statutes (140)
Citation Catchline Location in Bill Location In Bill Help 15.16 Reproduction of records; admissibility in evidence; electronic receipt and transmission of records; certification; acknowledgment. Page 17 (pdf) 48.062 Service on a limited liability company. Page 18 (pdf) 213.758 Transfer of tax liabilities. Page 19 (pdf) 220.02 Legislative intent. Page 20 (pdf) 220.03 Definitions. Page 21 (pdf) 220.13 “Adjusted federal income” defined. Page 22 (pdf) 310.181 Corporate powers. Page 23 (pdf) 440.02 Definitions. Page 24 (pdf) 605.0102 Definitions. Page 24 (pdf) 605.0103 Knowledge; notice. Page 3 (pdf) 605.0105 Operating agreement; scope, function, and limitations. Page 5 (pdf) 605.0111 Rules of construction and supplemental principles of law. Page 6 (pdf) 605.0401 Becoming a member. Page 25 (pdf) 605.04073 Voting rights of members and managers. Page 7 (pdf) 605.04074 Agency rights of members and managers. Page 26 (pdf) 605.04091 Standards of conduct for members and managers. Page 26 (pdf) 605.0410 Records to be kept; rights of member, manager, and person dissociated to information. Page 8 (pdf) 605.0602 Events causing dissociation. Page 27 (pdf) 605.0712 Other claims against a dissolved limited liability company. Page 23 (pdf) 605.0715 Reinstatement. Page 11 (pdf) 605.0717 Effect of dissolution. Page 28 (pdf) 605.0805 Proceeds and expenses. Page 28 (pdf) 605.0909 Reinstatement following revocation of certificate of authority. Page 13 (pdf) 605.1072 Other remedies limited. Page 15 (pdf) 605.1108 Application to limited liability company formed under the Florida Limited Liability Company Act. Page 29 (pdf) 606.06 Uniform business report. Page 29 (pdf) 607.1108 Merger of domestic corporation and other business entity. Page 25 (pdf) 607.1109 Articles of merger. Page 30 (pdf) 607.11101 Effect of merger of domestic corporation and other business entity. Page 30 (pdf) 608.401 Short title. Page 16 (pdf) 608.402 Definitions. Page 16 (pdf) 608.403 Purpose. Page 16 (pdf) 608.404 Powers. Page 16 (pdf) 608.405 Formation. Page 16 (pdf) 608.406 Limited liability company name. Page 16 (pdf) 608.407 Articles of organization. Page 16 (pdf) 608.408 Execution of articles, certificate, or statement. Page 16 (pdf) 608.4081 Filing requirements. Page 16 (pdf) 608.4082 Filing duties of Department of State. Page 16 (pdf) 608.409 Effect of filing and issuance of time and date endorsement on the articles of organization. Page 16 (pdf) 608.4101 Records to be kept; right to information. Page 16 (pdf) 608.411 Amendments to or restatements of articles of organization. Page 16 (pdf) 608.4115 Correcting the articles of organization filed of record. Page 16 (pdf) 608.415 Registered office and registered agent. Page 16 (pdf) 608.416 Change of registered office or registered agent. Page 16 (pdf) 608.4211 Contributions to capital and liability for contribution. Page 16 (pdf) 608.422 Management of the limited liability company. Page 16 (pdf) 608.4225 General standards for managers and managing members. Page 16 (pdf) 608.4226 Conflicts of interest. Page 16 (pdf) 608.4227 Liability of members, managing members, and managers. Page 16 (pdf) 608.4228 Limitation of liability of managers and managing members. Page 16 (pdf) 608.4229 Indemnification of members, managers, managing members, officers, employees, and agents. Page 16 (pdf) 608.423 Limited liability company operating agreement; nonwaivable provisions. Page 16 (pdf) 608.4231 Voting by members and managers. Page 16 (pdf) 608.4232 Admission of additional members. Page 16 (pdf) 608.4235 Agency of members and managers or managing members. Page 16 (pdf) 608.4236 Delegation of rights and powers to manage. Page 16 (pdf) 608.4237 Membership termination upon events of bankruptcy. Page 16 (pdf) 608.4238 Unauthorized assumption of powers. Page 16 (pdf) 608.425 Limited liability company property. Page 16 (pdf) 608.426 Distributions; impairment of capital. Page 16 (pdf) 608.4261 Sharing of profits and losses. Page 16 (pdf) 608.427 Withdrawal of member and distribution upon withdrawal. Page 16 (pdf) 608.428 Liability upon wrongful distribution. Page 16 (pdf) 608.4283 Page 16 (pdf) 608.431 Nature of interest of member in limited liability company. Page 16 (pdf) 608.432 Assignment of member’s interest. Page 16 (pdf) 608.433 Right of assignee to become member. Page 16 (pdf) 608.434 Power of estate of deceased or incompetent member; dissolved or terminated member. Page 16 (pdf) 608.4351 Appraisal rights; definitions. Page 17 (pdf) 608.4352 Right of members to appraisal. Page 17 (pdf) 608.4353 Assertion of rights by nominees and beneficial owners. Page 17 (pdf) 608.4354 Notice of appraisal rights. Page 17 (pdf) 608.4355 Notice of intent to demand payment. Page 17 (pdf) 608.4356 Appraisal notice and form. Page 17 (pdf) 608.4357 Perfection of rights; right to withdraw. Page 17 (pdf) 608.43575 Member’s acceptance of limited liability company’s offer. Page 17 (pdf) 608.4358 Procedure if member is dissatisfied with offer. Page 17 (pdf) 608.43585 Court action. Page 17 (pdf) 608.4359 Court costs and counsel fees. Page 17 (pdf) 608.43595 Limitation on limited liability company payment. Page 17 (pdf) 608.438 Merger of limited liability company. Page 17 (pdf) 608.4381 Action on plan of merger. Page 17 (pdf) 608.4382 Certificate of merger. Page 17 (pdf) 608.4383 Effect of merger. Page 17 (pdf) 608.439 Conversion of certain entities to a limited liability company. Page 17 (pdf) 608.4401 Conversion of a domestic limited liability company into another business entity. Page 17 (pdf) 608.4402 Action on plan of conversion. Page 17 (pdf) 608.4403 Certificate of conversion. Page 17 (pdf) 608.4404 Effect of conversion. Page 17 (pdf) 608.441 Dissolution. Page 17 (pdf) 608.4411 Revocation of dissolution. Page 17 (pdf) 608.4421 Claims against dissolved limited liability company. Page 17 (pdf) 608.4431 Effect of dissolution. Page 17 (pdf) 608.444 Distribution of assets upon dissolution. Page 17 (pdf) 608.445 Articles of dissolution. Page 17 (pdf) 608.446 Filing of articles of dissolution. Page 17 (pdf) 608.447 Cancellation of articles of organization. Page 17 (pdf) 608.448 Grounds for administrative dissolution. Page 17 (pdf) 608.4481 Procedure for and effect of administrative dissolution. Page 17 (pdf) 608.4482 Reinstatement following administrative dissolution. Page 17 (pdf) 608.4483 Appeal from denial or reinstatement. Page 17 (pdf) 608.449 Grounds for judicial dissolution. Page 17 (pdf) 608.4491 Procedure for judicial dissolution. Page 17 (pdf) 608.4492 Receivership or custodianship. Page 17 (pdf) 608.4493 Decree of dissolution. Page 17 (pdf) 608.4511 Annual report for Department of State. Page 17 (pdf) 608.452 Fees of the Department of State. Page 17 (pdf) 608.455 Waiver of notice. Page 17 (pdf) 608.461 Jurisdiction of the circuit court. Page 17 (pdf) 608.462 Parties to actions by or against limited liability company. Page 17 (pdf) 608.463 Service of process. Page 17 (pdf) 608.471 Tax exemption on income of certain limited liability companies. Page 17 (pdf) 608.501 Foreign limited liability company; authority to transact business required. Page 17 (pdf) 608.502 Consequences of transacting business without authority. Page 17 (pdf) 608.503 Application for certificate of authority. Page 17 (pdf) 608.504 Amended certificate of authority. Page 17 (pdf) 608.505 Effect of certificate of authority. Page 17 (pdf) 608.506 Name of foreign limited liability company. Page 17 (pdf) 608.507 Registered office and registered agent of foreign limited liability company. Page 17 (pdf) 608.508 Change of registered office and registered agent of foreign limited liability company. Page 17 (pdf) 608.509 Resignation of registered agent or foreign limited liability company. Page 17 (pdf) 608.5101 Service of process; notice or demand on a foreign limited liability company. Page 17 (pdf) 608.511 Withdrawal of foreign limited liability company. Page 17 (pdf) 608.512 Grounds for revocation of authority to transact business. Page 17 (pdf) 608.513 Procedure for and effect of revocation. Page 17 (pdf) 608.5135 Revocation; application for reinstatement. Page 17 (pdf) 608.514 Appeal from revocation. Page 17 (pdf) 608.601 Member’s derivative actions. Page 17 (pdf) 608.701 Application of corporation case law to set aside limited liability. Page 17 (pdf) 608.702 Certificates and certified copies to be received in evidence. Page 17 (pdf) 608.703 Interrogatories by Department of State. Page 17 (pdf) 608.704 Reservation of power to amend or repeal. Page 17 (pdf) 608.705 Effect of repeal of prior acts. Page 17 (pdf) 621.12 Identification with individual shareholders or individual members. Page 31 (pdf) 636.204 License required. Page 32 (pdf) 655.0201 Service of process, notice, or demand on financial institutions. Page 32 (pdf) 658.2953 Interstate branching. Page 33 (pdf) 694.16 Conveyances by merger or conversion of business entities. Page 33 (pdf) 1002.395 Florida Tax Credit Scholarship Program. Page 34 (pdf) -
CS/CS/CS/HB 531, Committee Substitute 3 Posted 3/27/2015 at 8:23 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 554 (c3) Limited Liability Companies Simmons Similar Last Action: 4/22/2015 S Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 531 (Ch. 2015-148) -SJ 501
Location: Laid on Table
Floor Amendments (3)
Amendment Sponsor Filed Last Floor Action Format 700397 - Amendment
Between lines 100 and 101, insert:McGhee 4/7/2015
1:52 PMHouse: Adopted
4/8/2015PDF 696881 - Amendment
Between lines 115 and 116, insert:McGhee 4/7/2015
1:52 PMHouse: Adopted
4/8/2015PDF 959833 - Amendment
Between lines 591 and 592, insert:McGhee 4/7/2015
1:52 PMHouse: Adopted
4/8/2015PDF Citations - Statutes (138)
Citation Catchline Location in Bill Location In Bill Help 15.16 Reproduction of records; admissibility in evidence; electronic receipt and transmission of records; certification; acknowledgment. Page 14 (pdf) 48.062 Service on a limited liability company. Page 15 (pdf) 213.758 Transfer of tax liabilities. Page 16 (pdf) 220.02 Legislative intent. Page 16 (pdf) 220.03 Definitions. Page 18 (pdf) 220.13 “Adjusted federal income” defined. Page 19 (pdf) 310.181 Corporate powers. Page 20 (pdf) 440.02 Definitions. Page 20 (pdf) 605.0102 Definitions. Page 21 (pdf) 605.0103 Knowledge; notice. Page 3 (pdf) 605.0105 Operating agreement; scope, function, and limitations. Page 4 (pdf) 605.0401 Becoming a member. Page 22 (pdf) 605.04073 Voting rights of members and managers. Page 4 (pdf) 605.04074 Agency rights of members and managers. Page 22 (pdf) 605.04091 Standards of conduct for members and managers. Page 23 (pdf) 605.0410 Records to be kept; rights of member, manager, and person dissociated to information. Page 5 (pdf) 605.0712 Other claims against a dissolved limited liability company. Page 23 (pdf) 605.0715 Reinstatement. Page 7 (pdf) 605.0717 Effect of dissolution. Page 24 (pdf) 605.0805 Proceeds and expenses. Page 24 (pdf) 605.0909 Reinstatement following revocation of certificate of authority. Page 9 (pdf) 605.1072 Other remedies limited. Page 12 (pdf) 605.1108 Application to limited liability company formed under the Florida Limited Liability Company Act. Page 12 (pdf) 606.06 Uniform business report. Page 25 (pdf) 607.1108 Merger of domestic corporation and other business entity. Page 25 (pdf) 607.1109 Articles of merger. Page 25 (pdf) 607.11101 Effect of merger of domestic corporation and other business entity. Page 26 (pdf) 608.401 Short title. Page 13 (pdf) 608.402 Definitions. Page 13 (pdf) 608.403 Purpose. Page 13 (pdf) 608.404 Powers. Page 13 (pdf) 608.405 Formation. Page 13 (pdf) 608.406 Limited liability company name. Page 13 (pdf) 608.407 Articles of organization. Page 13 (pdf) 608.408 Execution of articles, certificate, or statement. Page 13 (pdf) 608.4081 Filing requirements. Page 13 (pdf) 608.4082 Filing duties of Department of State. Page 12 (pdf) 608.409 Effect of filing and issuance of time and date endorsement on the articles of organization. Page 13 (pdf) 608.4101 Records to be kept; right to information. Page 13 (pdf) 608.411 Amendments to or restatements of articles of organization. Page 13 (pdf) 608.4115 Correcting the articles of organization filed of record. Page 13 (pdf) 608.415 Registered office and registered agent. Page 13 (pdf) 608.416 Change of registered office or registered agent. Page 13 (pdf) 608.4211 Contributions to capital and liability for contribution. Page 13 (pdf) 608.422 Management of the limited liability company. Page 13 (pdf) 608.4225 General standards for managers and managing members. Page 13 (pdf) 608.4226 Conflicts of interest. Page 13 (pdf) 608.4227 Liability of members, managing members, and managers. Page 13 (pdf) 608.4228 Limitation of liability of managers and managing members. Page 13 (pdf) 608.4229 Indemnification of members, managers, managing members, officers, employees, and agents. Page 13 (pdf) 608.423 Limited liability company operating agreement; nonwaivable provisions. Page 13 (pdf) 608.4231 Voting by members and managers. Page 13 (pdf) 608.4232 Admission of additional members. Page 13 (pdf) 608.4235 Agency of members and managers or managing members. Page 13 (pdf) 608.4236 Delegation of rights and powers to manage. Page 13 (pdf) 608.4237 Membership termination upon events of bankruptcy. Page 13 (pdf) 608.4238 Unauthorized assumption of powers. Page 13 (pdf) 608.425 Limited liability company property. Page 13 (pdf) 608.426 Distributions; impairment of capital. Page 13 (pdf) 608.4261 Sharing of profits and losses. Page 13 (pdf) 608.427 Withdrawal of member and distribution upon withdrawal. Page 13 (pdf) 608.428 Liability upon wrongful distribution. Page 13 (pdf) 608.4283 Page 13 (pdf) 608.431 Nature of interest of member in limited liability company. Page 13 (pdf) 608.432 Assignment of member’s interest. Page 13 (pdf) 608.433 Right of assignee to become member. Page 13 (pdf) 608.434 Power of estate of deceased or incompetent member; dissolved or terminated member. Page 13 (pdf) 608.4351 Appraisal rights; definitions. Page 13 (pdf) 608.4352 Right of members to appraisal. Page 13 (pdf) 608.4353 Assertion of rights by nominees and beneficial owners. Page 13 (pdf) 608.4354 Notice of appraisal rights. Page 13 (pdf) 608.4355 Notice of intent to demand payment. Page 13 (pdf) 608.4356 Appraisal notice and form. Page 13 (pdf) 608.4357 Perfection of rights; right to withdraw. Page 13 (pdf) 608.43575 Member’s acceptance of limited liability company’s offer. Page 13 (pdf) 608.4358 Procedure if member is dissatisfied with offer. Page 13 (pdf) 608.43585 Court action. Page 13 (pdf) 608.4359 Court costs and counsel fees. Page 13 (pdf) 608.43595 Limitation on limited liability company payment. Page 13 (pdf) 608.438 Merger of limited liability company. Page 13 (pdf) 608.4381 Action on plan of merger. Page 13 (pdf) 608.4382 Certificate of merger. Page 13 (pdf) 608.4383 Effect of merger. Page 13 (pdf) 608.439 Conversion of certain entities to a limited liability company. Page 13 (pdf) 608.4401 Conversion of a domestic limited liability company into another business entity. Page 13 (pdf) 608.4402 Action on plan of conversion. Page 13 (pdf) 608.4403 Certificate of conversion. Page 13 (pdf) 608.4404 Effect of conversion. Page 13 (pdf) 608.441 Dissolution. Page 13 (pdf) 608.4411 Revocation of dissolution. Page 13 (pdf) 608.4421 Claims against dissolved limited liability company. Page 13 (pdf) 608.4431 Effect of dissolution. Page 13 (pdf) 608.444 Distribution of assets upon dissolution. Page 13 (pdf) 608.445 Articles of dissolution. Page 13 (pdf) 608.446 Filing of articles of dissolution. Page 13 (pdf) 608.447 Cancellation of articles of organization. Page 13 (pdf) 608.448 Grounds for administrative dissolution. Page 13 (pdf) 608.4481 Procedure for and effect of administrative dissolution. Page 13 (pdf) 608.4482 Reinstatement following administrative dissolution. Page 13 (pdf) 608.4483 Appeal from denial or reinstatement. Page 13 (pdf) 608.449 Grounds for judicial dissolution. Page 13 (pdf) 608.4491 Procedure for judicial dissolution. Page 13 (pdf) 608.4492 Receivership or custodianship. Page 13 (pdf) 608.4493 Decree of dissolution. Page 13 (pdf) 608.4511 Annual report for Department of State. Page 13 (pdf) 608.452 Fees of the Department of State. Page 13 (pdf) 608.455 Waiver of notice. Page 13 (pdf) 608.461 Jurisdiction of the circuit court. Page 13 (pdf) 608.462 Parties to actions by or against limited liability company. Page 13 (pdf) 608.463 Service of process. Page 13 (pdf) 608.471 Tax exemption on income of certain limited liability companies. Page 13 (pdf) 608.501 Foreign limited liability company; authority to transact business required. Page 13 (pdf) 608.502 Consequences of transacting business without authority. Page 13 (pdf) 608.503 Application for certificate of authority. Page 13 (pdf) 608.504 Amended certificate of authority. Page 13 (pdf) 608.505 Effect of certificate of authority. Page 12 (pdf) 608.506 Name of foreign limited liability company. Page 12 (pdf) 608.507 Registered office and registered agent of foreign limited liability company. Page 13 (pdf) 608.508 Change of registered office and registered agent of foreign limited liability company. Page 13 (pdf) 608.509 Resignation of registered agent or foreign limited liability company. Page 13 (pdf) 608.5101 Service of process; notice or demand on a foreign limited liability company. Page 13 (pdf) 608.511 Withdrawal of foreign limited liability company. Page 13 (pdf) 608.512 Grounds for revocation of authority to transact business. Page 13 (pdf) 608.513 Procedure for and effect of revocation. Page 13 (pdf) 608.5135 Revocation; application for reinstatement. Page 13 (pdf) 608.514 Appeal from revocation. Page 13 (pdf) 608.601 Member’s derivative actions. Page 13 (pdf) 608.701 Application of corporation case law to set aside limited liability. Page 13 (pdf) 608.702 Certificates and certified copies to be received in evidence. Page 13 (pdf) 608.703 Interrogatories by Department of State. Page 13 (pdf) 608.704 Reservation of power to amend or repeal. Page 13 (pdf) 608.705 Effect of repeal of prior acts. Page 13 (pdf) 621.12 Identification with individual shareholders or individual members. Page 27 (pdf) 636.204 License required. Page 28 (pdf) 655.0201 Service of process, notice, or demand on financial institutions. Page 28 (pdf) 658.2953 Interstate branching. Page 29 (pdf) 694.16 Conveyances by merger or conversion of business entities. Page 29 (pdf) 1002.395 Florida Tax Credit Scholarship Program. Page 30 (pdf) -
CS/CS/HB 531, Committee Substitute 2 Posted 3/11/2015 at 2:01 PM
Bill Text: PDF Analyses: Judiciary Committee (Post-Meeting) 3/26/2015 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 554 (c2) Limited Liability Companies Simmons Identical Last Action: 4/22/2015 S Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 531 (Ch. 2015-148) -SJ 501
Location: Laid on Table
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 603383 - Amendment
Remove lines 289-293 and insert:McGhee 3/25/2015
6:17 PMAdopted without Objection
3/26/2015PDF Citations - Statutes (138)
Citation Catchline Location in Bill Location In Bill Help 15.16 Reproduction of records; admissibility in evidence; electronic receipt and transmission of records; certification; acknowledgment. Page 13 (pdf) 48.062 Service on a limited liability company. Page 14 (pdf) 213.758 Transfer of tax liabilities. Page 15 (pdf) 220.02 Legislative intent. Page 16 (pdf) 220.03 Definitions. Page 17 (pdf) 220.13 “Adjusted federal income” defined. Page 19 (pdf) 310.181 Corporate powers. Page 20 (pdf) 440.02 Definitions. Page 20 (pdf) 605.0102 Definitions. Page 21 (pdf) 605.0103 Knowledge; notice. Page 3 (pdf) 605.0105 Operating agreement; scope, function, and limitations. Page 4 (pdf) 605.0401 Becoming a member. Page 22 (pdf) 605.04073 Voting rights of members and managers. Page 4 (pdf) 605.04074 Agency rights of members and managers. Page 22 (pdf) 605.04091 Standards of conduct for members and managers. Page 23 (pdf) 605.0410 Records to be kept; rights of member, manager, and person dissociated to information. Page 5 (pdf) 605.0712 Other claims against a dissolved limited liability company. Page 23 (pdf) 605.0715 Reinstatement. Page 7 (pdf) 605.0717 Effect of dissolution. Page 24 (pdf) 605.0805 Proceeds and expenses. Page 24 (pdf) 605.0909 Reinstatement following revocation of certificate of authority. Page 9 (pdf) 605.1072 Other remedies limited. Page 12 (pdf) 605.1108 Application to limited liability company formed under the Florida Limited Liability Company Act. Page 7 (pdf) 606.06 Uniform business report. Page 24 (pdf) 607.1108 Merger of domestic corporation and other business entity. Page 25 (pdf) 607.1109 Articles of merger. Page 25 (pdf) 607.11101 Effect of merger of domestic corporation and other business entity. Page 26 (pdf) 608.401 Short title. Page 13 (pdf) 608.402 Definitions. Page 13 (pdf) 608.403 Purpose. Page 13 (pdf) 608.404 Powers. Page 13 (pdf) 608.405 Formation. Page 13 (pdf) 608.406 Limited liability company name. Page 13 (pdf) 608.407 Articles of organization. Page 13 (pdf) 608.408 Execution of articles, certificate, or statement. Page 13 (pdf) 608.4081 Filing requirements. Page 13 (pdf) 608.4082 Filing duties of Department of State. Page 12 (pdf) 608.409 Effect of filing and issuance of time and date endorsement on the articles of organization. Page 13 (pdf) 608.4101 Records to be kept; right to information. Page 13 (pdf) 608.411 Amendments to or restatements of articles of organization. Page 13 (pdf) 608.4115 Correcting the articles of organization filed of record. Page 13 (pdf) 608.415 Registered office and registered agent. Page 13 (pdf) 608.416 Change of registered office or registered agent. Page 13 (pdf) 608.4211 Contributions to capital and liability for contribution. Page 13 (pdf) 608.422 Management of the limited liability company. Page 13 (pdf) 608.4225 General standards for managers and managing members. Page 13 (pdf) 608.4226 Conflicts of interest. Page 13 (pdf) 608.4227 Liability of members, managing members, and managers. Page 13 (pdf) 608.4228 Limitation of liability of managers and managing members. Page 13 (pdf) 608.4229 Indemnification of members, managers, managing members, officers, employees, and agents. Page 13 (pdf) 608.423 Limited liability company operating agreement; nonwaivable provisions. Page 13 (pdf) 608.4231 Voting by members and managers. Page 13 (pdf) 608.4232 Admission of additional members. Page 13 (pdf) 608.4235 Agency of members and managers or managing members. Page 13 (pdf) 608.4236 Delegation of rights and powers to manage. Page 13 (pdf) 608.4237 Membership termination upon events of bankruptcy. Page 13 (pdf) 608.4238 Unauthorized assumption of powers. Page 13 (pdf) 608.425 Limited liability company property. Page 13 (pdf) 608.426 Distributions; impairment of capital. Page 13 (pdf) 608.4261 Sharing of profits and losses. Page 13 (pdf) 608.427 Withdrawal of member and distribution upon withdrawal. Page 13 (pdf) 608.428 Liability upon wrongful distribution. Page 13 (pdf) 608.4283 Page 13 (pdf) 608.431 Nature of interest of member in limited liability company. Page 13 (pdf) 608.432 Assignment of member’s interest. Page 13 (pdf) 608.433 Right of assignee to become member. Page 13 (pdf) 608.434 Power of estate of deceased or incompetent member; dissolved or terminated member. Page 13 (pdf) 608.4351 Appraisal rights; definitions. Page 13 (pdf) 608.4352 Right of members to appraisal. Page 13 (pdf) 608.4353 Assertion of rights by nominees and beneficial owners. Page 13 (pdf) 608.4354 Notice of appraisal rights. Page 13 (pdf) 608.4355 Notice of intent to demand payment. Page 13 (pdf) 608.4356 Appraisal notice and form. Page 13 (pdf) 608.4357 Perfection of rights; right to withdraw. Page 13 (pdf) 608.43575 Member’s acceptance of limited liability company’s offer. Page 13 (pdf) 608.4358 Procedure if member is dissatisfied with offer. Page 13 (pdf) 608.43585 Court action. Page 13 (pdf) 608.4359 Court costs and counsel fees. Page 13 (pdf) 608.43595 Limitation on limited liability company payment. Page 13 (pdf) 608.438 Merger of limited liability company. Page 13 (pdf) 608.4381 Action on plan of merger. Page 13 (pdf) 608.4382 Certificate of merger. Page 13 (pdf) 608.4383 Effect of merger. Page 13 (pdf) 608.439 Conversion of certain entities to a limited liability company. Page 13 (pdf) 608.4401 Conversion of a domestic limited liability company into another business entity. Page 13 (pdf) 608.4402 Action on plan of conversion. Page 13 (pdf) 608.4403 Certificate of conversion. Page 13 (pdf) 608.4404 Effect of conversion. Page 13 (pdf) 608.441 Dissolution. Page 13 (pdf) 608.4411 Revocation of dissolution. Page 13 (pdf) 608.4421 Claims against dissolved limited liability company. Page 13 (pdf) 608.4431 Effect of dissolution. Page 13 (pdf) 608.444 Distribution of assets upon dissolution. Page 13 (pdf) 608.445 Articles of dissolution. Page 13 (pdf) 608.446 Filing of articles of dissolution. Page 13 (pdf) 608.447 Cancellation of articles of organization. Page 13 (pdf) 608.448 Grounds for administrative dissolution. Page 13 (pdf) 608.4481 Procedure for and effect of administrative dissolution. Page 13 (pdf) 608.4482 Reinstatement following administrative dissolution. Page 13 (pdf) 608.4483 Appeal from denial or reinstatement. Page 13 (pdf) 608.449 Grounds for judicial dissolution. Page 13 (pdf) 608.4491 Procedure for judicial dissolution. Page 13 (pdf) 608.4492 Receivership or custodianship. Page 13 (pdf) 608.4493 Decree of dissolution. Page 13 (pdf) 608.4511 Annual report for Department of State. Page 13 (pdf) 608.452 Fees of the Department of State. Page 13 (pdf) 608.455 Waiver of notice. Page 13 (pdf) 608.461 Jurisdiction of the circuit court. Page 13 (pdf) 608.462 Parties to actions by or against limited liability company. Page 13 (pdf) 608.463 Service of process. Page 13 (pdf) 608.471 Tax exemption on income of certain limited liability companies. Page 13 (pdf) 608.501 Foreign limited liability company; authority to transact business required. Page 13 (pdf) 608.502 Consequences of transacting business without authority. Page 13 (pdf) 608.503 Application for certificate of authority. Page 13 (pdf) 608.504 Amended certificate of authority. Page 13 (pdf) 608.505 Effect of certificate of authority. Page 12 (pdf) 608.506 Name of foreign limited liability company. Page 12 (pdf) 608.507 Registered office and registered agent of foreign limited liability company. Page 13 (pdf) 608.508 Change of registered office and registered agent of foreign limited liability company. Page 13 (pdf) 608.509 Resignation of registered agent or foreign limited liability company. Page 13 (pdf) 608.5101 Service of process; notice or demand on a foreign limited liability company. Page 13 (pdf) 608.511 Withdrawal of foreign limited liability company. Page 13 (pdf) 608.512 Grounds for revocation of authority to transact business. Page 13 (pdf) 608.513 Procedure for and effect of revocation. Page 13 (pdf) 608.5135 Revocation; application for reinstatement. Page 13 (pdf) 608.514 Appeal from revocation. Page 13 (pdf) 608.601 Member’s derivative actions. Page 13 (pdf) 608.701 Application of corporation case law to set aside limited liability. Page 13 (pdf) 608.702 Certificates and certified copies to be received in evidence. Page 13 (pdf) 608.703 Interrogatories by Department of State. Page 13 (pdf) 608.704 Reservation of power to amend or repeal. Page 13 (pdf) 608.705 Effect of repeal of prior acts. Page 13 (pdf) 621.12 Identification with individual shareholders or individual members. Page 27 (pdf) 636.204 License required. Page 27 (pdf) 655.0201 Service of process, notice, or demand on financial institutions. Page 28 (pdf) 658.2953 Interstate branching. Page 28 (pdf) 694.16 Conveyances by merger or conversion of business entities. Page 29 (pdf) 1002.395 Florida Tax Credit Scholarship Program. Page 29 (pdf) -
CS/HB 531, Committee Substitute 1 Posted 2/26/2015 at 12:18 PM
Bill Text: PDF Analyses: Economic Development and Tourism Subcommittee (Post-Meeting) 3/11/2015 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 554 (c1) Limited Liability Companies Simmons Similar Last Action: 4/22/2015 S Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 531 (Ch. 2015-148) -SJ 501
Location: Laid on Table
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 569121 - Amendment
Between lines 627 and 628, insert:McGhee 3/9/2015
6:09 PMAdopted without Objection
3/10/2015PDF Citations - Statutes (135)
Citation Catchline Location in Bill Location In Bill Help 15.16 Reproduction of records; admissibility in evidence; electronic receipt and transmission of records; certification; acknowledgment. Page 8 (pdf) 48.062 Service on a limited liability company. Page 9 (pdf) 213.758 Transfer of tax liabilities. Page 11 (pdf) 220.02 Legislative intent. Page 11 (pdf) 220.03 Definitions. Page 12 (pdf) 220.13 “Adjusted federal income” defined. Page 14 (pdf) 310.181 Corporate powers. Page 15 (pdf) 440.02 Definitions. Page 15 (pdf) 605.0102 Definitions. Page 16 (pdf) 605.0103 Knowledge; notice. Page 2 (pdf) 605.0105 Operating agreement; scope, function, and limitations. Page 4 (pdf) 605.0401 Becoming a member. Page 17 (pdf) 605.04073 Voting rights of members and managers. Page 4 (pdf) 605.04074 Agency rights of members and managers. Page 17 (pdf) 605.04091 Standards of conduct for members and managers. Page 18 (pdf) 605.0410 Records to be kept; rights of member, manager, and person dissociated to information. Page 5 (pdf) 605.0712 Other claims against a dissolved limited liability company. Page 18 (pdf) 605.0805 Proceeds and expenses. Page 19 (pdf) 605.1072 Other remedies limited. Page 7 (pdf) 605.1108 Application to limited liability company formed under the Florida Limited Liability Company Act. Page 7 (pdf) 606.06 Uniform business report. Page 19 (pdf) 607.1108 Merger of domestic corporation and other business entity. Page 19 (pdf) 607.1109 Articles of merger. Page 20 (pdf) 607.11101 Effect of merger of domestic corporation and other business entity. Page 21 (pdf) 608.401 Short title. Page 8 (pdf) 608.402 Definitions. Page 8 (pdf) 608.403 Purpose. Page 8 (pdf) 608.404 Powers. Page 8 (pdf) 608.405 Formation. Page 8 (pdf) 608.406 Limited liability company name. Page 8 (pdf) 608.407 Articles of organization. Page 8 (pdf) 608.408 Execution of articles, certificate, or statement. Page 8 (pdf) 608.4081 Filing requirements. Page 8 (pdf) 608.4082 Filing duties of Department of State. Page 8 (pdf) 608.409 Effect of filing and issuance of time and date endorsement on the articles of organization. Page 8 (pdf) 608.4101 Records to be kept; right to information. Page 8 (pdf) 608.411 Amendments to or restatements of articles of organization. Page 8 (pdf) 608.4115 Correcting the articles of organization filed of record. Page 8 (pdf) 608.415 Registered office and registered agent. Page 8 (pdf) 608.416 Change of registered office or registered agent. Page 8 (pdf) 608.4211 Contributions to capital and liability for contribution. Page 8 (pdf) 608.422 Management of the limited liability company. Page 8 (pdf) 608.4225 General standards for managers and managing members. Page 8 (pdf) 608.4226 Conflicts of interest. Page 8 (pdf) 608.4227 Liability of members, managing members, and managers. Page 8 (pdf) 608.4228 Limitation of liability of managers and managing members. Page 8 (pdf) 608.4229 Indemnification of members, managers, managing members, officers, employees, and agents. Page 8 (pdf) 608.423 Limited liability company operating agreement; nonwaivable provisions. Page 8 (pdf) 608.4231 Voting by members and managers. Page 8 (pdf) 608.4232 Admission of additional members. Page 8 (pdf) 608.4235 Agency of members and managers or managing members. Page 8 (pdf) 608.4236 Delegation of rights and powers to manage. Page 8 (pdf) 608.4237 Membership termination upon events of bankruptcy. Page 8 (pdf) 608.4238 Unauthorized assumption of powers. Page 8 (pdf) 608.425 Limited liability company property. Page 8 (pdf) 608.426 Distributions; impairment of capital. Page 8 (pdf) 608.4261 Sharing of profits and losses. Page 8 (pdf) 608.427 Withdrawal of member and distribution upon withdrawal. Page 8 (pdf) 608.428 Liability upon wrongful distribution. Page 8 (pdf) 608.4283 Page 8 (pdf) 608.431 Nature of interest of member in limited liability company. Page 8 (pdf) 608.432 Assignment of member’s interest. Page 8 (pdf) 608.433 Right of assignee to become member. Page 8 (pdf) 608.434 Power of estate of deceased or incompetent member; dissolved or terminated member. Page 8 (pdf) 608.4351 Appraisal rights; definitions. Page 8 (pdf) 608.4352 Right of members to appraisal. Page 8 (pdf) 608.4353 Assertion of rights by nominees and beneficial owners. Page 8 (pdf) 608.4354 Notice of appraisal rights. Page 8 (pdf) 608.4355 Notice of intent to demand payment. Page 8 (pdf) 608.4356 Appraisal notice and form. Page 8 (pdf) 608.4357 Perfection of rights; right to withdraw. Page 8 (pdf) 608.43575 Member’s acceptance of limited liability company’s offer. Page 8 (pdf) 608.4358 Procedure if member is dissatisfied with offer. Page 8 (pdf) 608.43585 Court action. Page 8 (pdf) 608.4359 Court costs and counsel fees. Page 8 (pdf) 608.43595 Limitation on limited liability company payment. Page 8 (pdf) 608.438 Merger of limited liability company. Page 8 (pdf) 608.4381 Action on plan of merger. Page 8 (pdf) 608.4382 Certificate of merger. Page 8 (pdf) 608.4383 Effect of merger. Page 8 (pdf) 608.439 Conversion of certain entities to a limited liability company. Page 8 (pdf) 608.4401 Conversion of a domestic limited liability company into another business entity. Page 8 (pdf) 608.4402 Action on plan of conversion. Page 8 (pdf) 608.4403 Certificate of conversion. Page 8 (pdf) 608.4404 Effect of conversion. Page 8 (pdf) 608.441 Dissolution. Page 8 (pdf) 608.4411 Revocation of dissolution. Page 8 (pdf) 608.4421 Claims against dissolved limited liability company. Page 8 (pdf) 608.4431 Effect of dissolution. Page 8 (pdf) 608.444 Distribution of assets upon dissolution. Page 8 (pdf) 608.445 Articles of dissolution. Page 8 (pdf) 608.446 Filing of articles of dissolution. Page 8 (pdf) 608.447 Cancellation of articles of organization. Page 8 (pdf) 608.448 Grounds for administrative dissolution. Page 8 (pdf) 608.4481 Procedure for and effect of administrative dissolution. Page 8 (pdf) 608.4482 Reinstatement following administrative dissolution. Page 8 (pdf) 608.4483 Appeal from denial or reinstatement. Page 8 (pdf) 608.449 Grounds for judicial dissolution. Page 8 (pdf) 608.4491 Procedure for judicial dissolution. Page 8 (pdf) 608.4492 Receivership or custodianship. Page 8 (pdf) 608.4493 Decree of dissolution. Page 8 (pdf) 608.4511 Annual report for Department of State. Page 8 (pdf) 608.452 Fees of the Department of State. Page 8 (pdf) 608.455 Waiver of notice. Page 8 (pdf) 608.461 Jurisdiction of the circuit court. Page 8 (pdf) 608.462 Parties to actions by or against limited liability company. Page 8 (pdf) 608.463 Service of process. Page 8 (pdf) 608.471 Tax exemption on income of certain limited liability companies. Page 8 (pdf) 608.501 Foreign limited liability company; authority to transact business required. Page 8 (pdf) 608.502 Consequences of transacting business without authority. Page 8 (pdf) 608.503 Application for certificate of authority. Page 8 (pdf) 608.504 Amended certificate of authority. Page 8 (pdf) 608.505 Effect of certificate of authority. Page 8 (pdf) 608.506 Name of foreign limited liability company. Page 8 (pdf) 608.507 Registered office and registered agent of foreign limited liability company. Page 8 (pdf) 608.508 Change of registered office and registered agent of foreign limited liability company. Page 8 (pdf) 608.509 Resignation of registered agent or foreign limited liability company. Page 8 (pdf) 608.5101 Service of process; notice or demand on a foreign limited liability company. Page 8 (pdf) 608.511 Withdrawal of foreign limited liability company. Page 8 (pdf) 608.512 Grounds for revocation of authority to transact business. Page 8 (pdf) 608.513 Procedure for and effect of revocation. Page 8 (pdf) 608.5135 Revocation; application for reinstatement. Page 8 (pdf) 608.514 Appeal from revocation. Page 8 (pdf) 608.601 Member’s derivative actions. Page 8 (pdf) 608.701 Application of corporation case law to set aside limited liability. Page 8 (pdf) 608.702 Certificates and certified copies to be received in evidence. Page 8 (pdf) 608.703 Interrogatories by Department of State. Page 8 (pdf) 608.704 Reservation of power to amend or repeal. Page 8 (pdf) 608.705 Effect of repeal of prior acts. Page 8 (pdf) 621.12 Identification with individual shareholders or individual members. Page 21 (pdf) 636.204 License required. Page 22 (pdf) 655.0201 Service of process, notice, or demand on financial institutions. Page 23 (pdf) 658.2953 Interstate branching. Page 23 (pdf) 694.16 Conveyances by merger or conversion of business entities. Page 24 (pdf) 1002.395 Florida Tax Credit Scholarship Program. Page 24 (pdf) -
HB 531, Original Filed Version Posted 1/28/2015 at 3:57 PM
Bill Text: PDF Analyses: Civil Justice Subcommittee (Post-Meeting) 6/17/2015 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 554 Limited Liability Companies Simmons Similar Last Action: 4/22/2015 S Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 531 (Ch. 2015-148) -SJ 501
Location: Laid on Table
Citations - Statutes (22)
Citation Catchline Location in Bill Location In Bill Help 15.16 Reproduction of records; admissibility in evidence; electronic receipt and transmission of records; certification; acknowledgment. Page 7 (pdf) 213.758 Transfer of tax liabilities. Page 8 (pdf) 220.03 Definitions. Page 8 (pdf) 220.13 “Adjusted federal income” defined. Page 9 (pdf) 440.02 Definitions. Page 10 (pdf) 605.0102 Definitions. Page 11 (pdf) 605.0103 Knowledge; notice. Page 2 (pdf) 605.0401 Becoming a member. Page 12 (pdf) 605.04073 Voting rights of members and managers. Page 3 (pdf) 605.04074 Agency rights of members and managers. Page 12 (pdf) 605.0408 Reimbursement, indemnification, advancement, and insurance. Page 13 (pdf) 605.04091 Standards of conduct for members and managers. Page 13 (pdf) 605.0410 Records to be kept; rights of member, manager, and person dissociated to information. Page 4 (pdf) 605.1025 Articles of merger. Page 14 (pdf) 605.1108 Application to limited liability company formed under the Florida Limited Liability Company Act. Page 6 (pdf) 606.06 Uniform business report. Page 14 (pdf) 607.1108 Merger of domestic corporation and other business entity. Page 14 (pdf) 607.11101 Effect of merger of domestic corporation and other business entity. Page 15 (pdf) 636.204 License required. Page 15 (pdf) 655.0201 Service of process, notice, or demand on financial institutions. Page 16 (pdf) 658.2953 Interstate branching. Page 16 (pdf) 694.16 Conveyances by merger or conversion of business entities. Page 17 (pdf)