Florida § 605.0304 - Liability of members and managers.
Full text of Florida Florida Statutes § 605.0304 — Liability of members and managers., with citation guidance and answers to common questions.
§ 605.0304. Liability of members and managers.
(1) A debt, obligation, or other liability of a limited liability company is solely the debt, obligation, or other liability of the company. A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a member or manager. This subsection applies regardless of the dissolution of the company. (2) The failure of a limited liability company to observe formalities relating to the exercise of its powers or management of its activities and affairs is not a ground for imposing liability on a member or manager of the company for a debt, obligation, or other liability of the company. (3) The limitation of liability in this section is in addition to the limitations of liability provided for in s. 605.04093.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 605.0304
What does Florida Statutes § 605.0304 cover?
Section 605.0304 ("Liability of members and managers.") 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 § 605.0304?
A common citation format is "Florida Statutes § 605.0304" (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 § 605.0304 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.