{"data":{"id":"us-fl/fla.-stat.-605.2603","jurisdiction":"us-fl","citation":"Fla. Stat. § 605.2603","heading":"Restrictions on entity transactions involving series limited liability company.","body":"A series limited liability company may not:\n(1) Participate in; be a party to; result from; or be formed, organized, established, or created by either of the following:\n(a) A conversion, domestication, or interest exchange, under this chapter or the law of a foreign jurisdiction, however the transaction is denominated under such law; or\n(b) A transaction with the same substantive effect as a conversion, domestication, or interest exchange under the law of this state or a foreign jurisdiction.\n(2) Except as otherwise provided in s. 605.2604, be a party to or the surviving company of either of the following:\n(a) A merger under this chapter or the law of a foreign jurisdiction, however a merger is denominated under such law; or\n(b) A transaction with the same substantive effect as a merger under the law of this state or a foreign jurisdiction.\nHistory.—s. 33, 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":"41c42e306ef31734e486c599431c961e8483b099810fdb7c89d0f7d4701d2280","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-605.2602","next":"us-fl/fla.-stat.-605.2604"},"notice":"GroundRules: Original legal text. Not legal advice."}