Florida § 605.2501 - Events causing dissolution of protected series.
Full text of Florida Florida Statutes § 605.2501 — Events causing dissolution of protected series., with citation guidance and answers to common questions.
§ 605.2501. Events causing dissolution of protected series.
A protected series of a series limited liability company is dissolved, and its activities and affairs must be wound up, upon the occurrence of any of the following: (1) Dissolution of the series limited liability company. (2) Occurrence of an event or a circumstance that the operating agreement states causes dissolution of the protected series. (3) Affirmative vote or consent of all associated members of the protected series. (4) Entry by the court of an order dissolving the protected series on application by an associated member or a protected-series manager of the protected series: (a) In accordance with s. 605.2108; and (b) To the same extent, in the same manner, and on the same grounds the court would enter an order dissolving a limited liability company on application by a member or manager of the limited liability company pursuant to s. 605.0702. (5) Entry by the court of an order dissolving the protected series on application by the series limited liability company or a member or manager of the series limited liability company: (a) In accordance with s. 605.2108; and (b) To the same extent, in the same manner, and on the same grounds the court would enter an order dissolving a limited liability company on application by a member or manager of the limited liability company pursuant to s. 605.0702. (6) Automatic or involuntary dissolution of the series limited liability company that established the protected series. (7) The filing of a statement of administrative dissolution of the limited liability company or a protected series of the company by the department pursuant to s. 605.0714.
Frequently Asked Questions About Florida § 605.2501
What does Florida Statutes § 605.2501 cover?
Section 605.2501 ("Events causing dissolution of protected series.") 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 § 605.2501?
A common citation format is "Florida Statutes § 605.2501" (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 § 605.2501 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.