The Florida Senate

608.441  Dissolution.--

(1)  A limited liability company organized under this chapter shall be dissolved upon the occurrence of any of the following events:

(a)  When the period fixed for the duration of the limited liability company expires.

(b)  By the unanimous written agreement of all members.

(c)  Upon the death, bankruptcy, or dissolution of a member or upon the occurrence of any other event which terminates the continued membership of a member in the limited liability company, unless the business of the limited liability company is continued by the consent of all the remaining members or under a right to continue stated in the articles of organization of the limited liability company.

(d)  When a limited liability company has fewer than two members.

(2)  On application by or for a member, the circuit court may order dissolution of a limited liability company if it is not reasonably practicable to carry on the business of the limited liability company in conformity with the articles of organization or the regulations.

(3)  Following the occurrence of any of the events specified in this section, the limited liability company shall deliver articles of dissolution to the Department of State for filing.

History.--s. 2, ch. 82-177; s. 64, ch. 83-216; s. 39, ch. 93-284.