Associated member.
F.S. 605.2302
in effect(1)
Only a member of a series limited liability company may be an associated member of a protected series of the company.
(2)
A member of a series limited liability company becomes an associated member of a protected series of the company if the operating agreement or a procedure established by the operating agreement states all of the following:
(a)
That the member is an associated member of the protected series.
(b)
The date on which the member became an associated member of the protected series.
(c)
Any protected-series transferable interest the associated member has in connection with becoming or being an associated member of the protected series.
(3)
If a person that is an associated member of a protected series of a series limited liability company is dissociated from the company, the person ceases to be an associated member of the protected series.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter605/AllFetched: 7/8/2026