(1) A limited liability company is an entity distinct from its members.(2) A limited liability company may have any lawful purpose, regardless of whether the company is a for-profit company.(3) A limited liability company has an indefinite duration.History.—s. 2, ch. 2013-180.
Nature, purpose, and duration of limited liability company
Fla. Stat. § 605.0108, under Florida Revised Limited Liability Company Act.
Fla. Stat. § 605.0108