{"data":{"id":"us-fl/fla.-stat.-605.2302","jurisdiction":"us-fl","citation":"Fla. Stat. § 605.2302","heading":"Associated member.","body":"(1) Only a member of a series limited liability company may be an associated member of a protected series of the company.\n(2) A member of a series limited liability company becomes an associated member of a protected series of the company if the operating agreement or a procedure established by the operating agreement states all of the following:\n(a) That the member is an associated member of the protected series.\n(b) The date on which the member became an associated member of the protected series.\n(c) Any protected-series transferable interest the associated member has in connection with becoming or being an associated member of the protected series.\n(3) If a person that is an associated member of a protected series of a series limited liability company is dissociated from the company, the person ceases to be an associated member of the protected series.\nHistory.—s. 20, ch. 2025-162.","path":["TITLE XXXVI BUSINESS ORGANIZATIONS","CHAPTER 605 FLORIDA REVISED LIMITED LIABILITY COMPANY ACT"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0605/0605.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:10:17Z","sha256":"5e3432ed7b6e3512662266a71a946042d2a1a96a921f2aee3f5fbba6f3a962bd","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-605.2301","next":"us-fl/fla.-stat.-605.2303"},"notice":"GroundRules: Original legal text. Not legal advice."}