Nature, purpose, and duration of limited liability company.

F.S. 605.0108
in effect
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(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.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter605/AllFetched: 7/8/2026

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