Florida § 605.0703 - Procedure for judicial dissolution; alternative remedies.
Full text of Florida Florida Statutes § 605.0703 — Procedure for judicial dissolution; alternative remedies., with citation guidance and answers to common questions.
§ 605.0703. Procedure for judicial dissolution; alternative remedies.
(1) Venue for a proceeding brought under s. 605.0702 lies in the circuit court of the county where the limited liability company’s principal office is or was last located, as shown by the records of the department, or, if there is or was no principal office in this state, in the circuit court of the county where the company’s registered office is or was last located. (2) It is not necessary to make members parties to a proceeding to dissolve a limited liability company unless relief is sought against such members individually. (3) A court in a proceeding brought to dissolve a limited liability company may issue injunctions, appoint a receiver or custodian pendente lite with all powers and duties the court directs, take other action required to preserve the limited liability company’s assets wherever located, and carry on the business of the limited liability company until a full hearing can be held. (4) In a proceeding brought under s. 605.0702, the court may, upon a showing of sufficient merit to warrant such a remedy: (a) Appoint a receiver or custodian under s. 605.0704; (b) Order a purchase of a petitioning member’s interest pursuant to s. 605.0706; or (c) Upon a showing of good cause, order another remedy the court deems appropriate in its discretion, including an equitable remedy. (5) Section 57.105 applies to a proceeding brought under s. 605.0702.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 605.0703
What does Florida Statutes § 605.0703 cover?
Section 605.0703 ("Procedure for judicial dissolution; alternative remedies.") 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 § 605.0703?
A common citation format is "Florida Statutes § 605.0703" (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 § 605.0703 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.