SECTION 605.0108. Nature, purpose, and duration of limited liability company.

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1(1) 2A limited liability company is an entity distinct from its members.
13(2) 14A limited liability company may have any lawful purpose, regardless of whether the company is a for-profit company.
32(3) 33A limited liability company has an indefinite duration.

History.-s. 2, ch. 2013-180.

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