Florida § 605.0701 - Events causing dissolution.
Full text of Florida Florida Statutes § 605.0701 — Events causing dissolution., with citation guidance and answers to common questions.
§ 605.0701. Events causing dissolution.
A limited liability company is dissolved and its activities and affairs must be wound up upon the occurrence of the following: (1) An event or circumstance that the operating agreement states causes dissolution. (2) The consent of all the members. (3) The passage of 90 consecutive days during which the company has no members, unless: (a) Consent to admit at least one specified person as a member is given by transferees owning the rights to receive a majority of distributions as transferees at the time the consent is to be effective; and (b) At least one person becomes a member in accordance with the consent. (4) The entry of a decree of judicial dissolution in accordance with s. 605.0705. (5) The filing of a statement of administrative dissolution by the department pursuant to s. 605.0714.
Frequently Asked Questions About Florida § 605.0701
What does Florida Statutes § 605.0701 cover?
Section 605.0701 ("Events causing dissolution.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 605.0701?
A common citation format is "Florida Statutes § 605.0701" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 605.0701 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.