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Florida Statute 605.0805 | Lawyer Caselaw & Research
F.S. 605.0805 Case Law from Google Scholar
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Link to State of Florida Official Statute Google Search for Amendments to 605.0805

The 2023 Florida Statutes (including Special Session C)

Title XXXVI
BUSINESS ORGANIZATIONS
Chapter 605
FLORIDA REVISED LIMITED LIABILITY COMPANY ACT
View Entire Chapter
F.S. 605.0805
605.0805 Proceeds and expenses.
(1) Except as otherwise provided in subsection (2):
(a) Proceeds or other benefits of a derivative action under s. 605.0802, whether by judgment, compromise, or settlement, belong to the limited liability company and not to the plaintiff; and
(b) If the plaintiff receives any proceeds, the plaintiff shall remit them immediately to the company.
(2) If a derivative action is successful in whole or in part, the court may award the plaintiff reasonable expenses, including reasonable attorney fees and costs, from the recovery of the limited liability company.
History.s. 2, ch. 2013-180; s. 74, ch. 2015-2; s. 27, ch. 2015-148.

F.S. 605.0805 on Google Scholar

F.S. 605.0805 on Casetext

Amendments to 605.0805


Arrestable Offenses / Crimes under Fla. Stat. 605.0805
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 605.0805.



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