Chapter 621 — Chapter 621
15 sections in this chapter.
Fla. Stat. § 621.01 Legislative intent
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It is the legislative intent to provide for the incorporation or organization as a limited liability company of an individual or group of individuals, professional corporations, or professional limited liability companies to render the same professional service to the public for …
Fla. Stat. § 621.02 Short title
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This act may be cited as the “Professional Service Corporation and Limited Liability Company Act.”
Fla. Stat. § 621.03 Definitions
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As used in this act the following words shall have the meaning indicated:(1) The term “professional service” means any type of personal service to the public which requires as a condition precedent to the rendering of such service the obtaining of a license or other legal authori…
Fla. Stat. § 621.04 Exemptions
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This act shall not apply to any individuals or groups of individuals within this state who prior to the passage of this act were permitted to organize a corporation or limited liability company and perform personal services to the public by the means of a corporation or limited l…
Fla. Stat. § 621.05 Corporation organization
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One or more individuals, professional corporations, or professional limited liability companies, in any combination, duly licensed or otherwise legally authorized to render the same professional services may organize and become a shareholder or shareholders of a professional corp…
Fla. Stat. § 621.051 Limited liability company organization
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A group of professional service corporations, professional limited liability companies, or individuals, in any combination, duly licensed or otherwise legally authorized to render the same professional services may organize and become members of a professional limited liability c…
Fla. Stat. § 621.06 Rendition of professional services, limitations
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No corporation or limited liability company organized under this act may render professional services except through its members, officers, employees, and agents who are duly licensed or otherwise legally authorized to render such professional services; provided, however, this pr…
Fla. Stat. § 621.07 Liability of officers, agents, employees, shareholders, members, and corporation or limited liability company
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Nothing contained in this act shall be interpreted to abolish, repeal, modify, restrict, or limit the law now in effect in this state applicable to the professional relationship and liabilities between the person furnishing the professional services and the person receiving such …
Fla. Stat. § 621.08 Limitation on corporation’s or limited liability company’s business transactions; investment of funds
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No corporation or limited liability company organized under this act shall engage in any business other than the rendering of the professional services for which it was specifically organized; provided, however, nothing in this act or in any other provisions of existing law appli…
Fla. Stat. § 621.09 Limitation on issuance and transfer of ownership
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(1) No corporation organized under the provisions of this act may issue any of its capital stock to anyone other than a professional corporation, a professional limited liability company, or an individual who is duly licensed or otherwise legally authorized to render the same spe…
Fla. Stat. § 621.10 Disqualification of member, shareholder, officer, agent, or employee; administrative dissolution
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If any member, officer, shareholder, agent, or employee of a corporation or limited liability company organized under this chapter who has been rendering professional service to the public becomes legally disqualified to render such professional services or accepts employment tha…
Fla. Stat. § 621.11 Alienation of shares and ownership interests; restrictions
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(1) No shareholder of a corporation organized under this act may sell or transfer her or his shares in such corporation except to another professional corporation, professional limited liability company, or individual, each of which must be eligible to be a shareholder of such co…
Fla. Stat. § 621.12 Identification with individual shareholders or individual members
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(1) The name of a corporation or limited liability company organized under this act may contain the last names of some or all of the individual shareholders or individual members and may contain the last names of retired or deceased former individual shareholders or individual me…
Fla. Stat. § 621.13 Applicability of chapters 605 and 607
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(1) Chapter 607 is applicable to a corporation organized pursuant to this act except to the extent that any of the provisions of this act are interpreted to be in conflict with the provisions of chapter 607. In such event, the provisions and sections of this act shall take preced…
Fla. Stat. § 621.14 Construction of law
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The provisions of this act shall not be construed as repealing, modifying, or restricting the applicable provisions of law relating to incorporations, organization of limited liability companies, sales of securities, or regulating the several professions enumerated in this act ex…