She said, in a recent Daily Business Journal article, that the new year brings significant changes to state law governing Florida limited liability companies.
Florida’s Revised Limited Liability Act resembles the national model, and aims to make the state more commercially competitive.
Townsend also notes:
|New mandatory provisions, such as the capacity of Florida LLCs to sue and be sued, a person’s ability to disassociate from the LLC, and more.|
|Default rules, such as the new requirement of unanimous consent for Florida LLC members to amend the operating agreement or to add a new member, and new circumstances in which a person can bind a Florida LLC.|
|Provisions eliminating the idea of a “managing member” for Florida LLCs and new procedures for foreign entities.|
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