{"data":{"id":"us-fl/fla.-stat.-605.2401","jurisdiction":"us-fl","citation":"Fla. Stat. § 605.2401","heading":"Limitations on liability.","body":"(1) A person is not liable, directly or indirectly, by way of contribution or otherwise, for a debt, an obligation, or another liability of either of the following:\n(a) A protected series of a series limited liability company solely by reason of being or acting as:\n1. An associated member, protected-series manager, or protected-series transferee of the protected series; or\n2. A member, manager, or transferee of the company; or\n(b) A series limited liability company solely by reason of being or acting as an associated member, protected-series manager, or protected-series transferee of a protected series of the company.\n(2) Subject to s. 605.2404, the following apply:\n(a) A debt, an obligation, or another liability of a series limited liability company is solely the debt, obligation, or liability of the company.\n(b) A debt, an obligation, or another liability of a protected series is solely the debt, obligation, or liability of the protected series.\n(c) A series limited liability company is not liable, directly or indirectly, by way of contribution or otherwise, for a debt, an obligation, or another liability of a protected series of the company solely by reason of the protected series being a protected series of the company, or the series limited liability company:\n1. Being or acting as a protected-series manager of the protected series;\n2. Having the protected series manage the series limited liability company; or\n3. Owning a protected-series transferable interest of the protected series.\n(d) A protected series of a series limited liability company is not liable, directly or indirectly, by way of contribution or otherwise, for a debt, an obligation, or another liability of the company or another protected series of the company solely by reason of:\n1. Being a protected series of the series limited liability company;\n2. Being or acting as a manager of the series limited liability company or a protected-series manager of another protected series of the company; or\n3. Having the series limited liability company or another protected series of the company be or act as a protected-series manager of the protected series.\nHistory.—s. 24, 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":"98ed214eba2f0ac78513a743f5f66cd0aa21c62e9ae34fc0e459e323fa6f64ce","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-605.2305","next":"us-fl/fla.-stat.-605.2402"},"notice":"GroundRules: Original legal text. Not legal advice."}