Florida changes limited liability company laws

The Florida legislature has passed some significant changes to its limited liability company laws. The changes become law on July 1, 2013, with effective dates on January 1, 2014 and January 1, 2015, depending upon when a limited liability company (“LLC”) is formed. Since formation of LLC entities has far outpaced those of corporations in Florida in recent years, these changes are expected to affect many Florida businesses. Watch this site for future discussions.

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