Restrictions on entity transactions involving series limited liability company.
F.S. 605.2603
in effectA series limited liability company may not:
(1)
Participate in; be a party to; result from; or be formed, organized, established, or created by either of the following:
(a)
A conversion, domestication, or interest exchange, under this chapter or the law of a foreign jurisdiction, however the transaction is denominated under such law; or
(b)
A transaction with the same substantive effect as a conversion, domestication, or interest exchange under the law of this state or a foreign jurisdiction.
(2)
Except as otherwise provided in s. 605.2604, be a party to or the surviving company of either of the following:
(a)
A merger under this chapter or the law of a foreign jurisdiction, however a merger is denominated under such law; or
(b)
A transaction with the same substantive effect as a merger under the law of this state or a foreign jurisdiction.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter605/AllFetched: 7/8/2026