Valuation of in-kind contributions.

F.S. 106.055
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Any person who makes an in-kind contribution shall, at the time of making such contribution, place a value on such contribution, which valuation shall be the fair market value of such contribution. Travel conveyed upon private aircraft shall be valued at the actual cost of per person commercial air travel for the same or a substantially similar route.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter106/AllFetched: 7/8/2026

Starting a business in Florida? Florida LLC guide: costs and requirements