The 2023 Florida Statutes (including Special Session C)

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 605
FLORIDA REVISED LIMITED LIABILITY COMPANY ACT

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F.S. 605.0803

605.0803 Proper plaintiff.—A derivative action to enforce a right of a limited liability company may be commenced only by a person who is a member at the time the action is commenced and:

(1) Was a member when the conduct giving rise to the action occurred; or

(2) Whose status as a member devolved on the person by operation of law or pursuant to the terms of the operating agreement from a person who was a member when the conduct giving rise to the action occurred.

History.—s. 2, ch. 2013-180; s. 256, ch. 2019-90.

F.S. 605.0803 on Google Scholar

F.S. 605.0803 on Casetext

Amendments to 605.0803

Arrestable Offenses / Crimes under Fla. Stat. 605.0803

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 605.0803.

Annotations, Discussions, Cases:

Cases from cite.case.law:

HOME TITLE COMPANY OF MARYLAND, INC. a v. J. LASALLA,, 257 So. 3d 640 (Fla. App. Ct. 2018)

. . . . §§ 605.0802, 605.0803. . . .

LANDMARK FUNDING, INC, ON BEHALF OF NAPLES SYNDICATIONS, LLC, v. CHALUTS SW FL, LLC US, LLC LLLP, 213 So. 3d 1078 (Fla. Dist. Ct. App. 2017)

. . . See § 605.0803, -Fla. Stat. (2014). . . .