605.1021 Merger authorized.
153 words·~1 min read·
/fl/title-xxxvi/chapter-605/605-1021·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)By complying with the provisions of this section and ss. 605.1022 - 605.1026 :
(a)One or more domestic limited liability companies may merge with one or more domestic or foreign entities into a domestic or foreign surviving entity; and
(b)Two or more foreign entities may merge into a domestic limited liability company.
(2)By complying with the provisions of this section and ss. 605.1022 - 605.1026 which are applicable to foreign entities, a foreign entity may be a party to a merger under the provisions of this section and ss. 605.1022 - 605.1026 or may be the surviving entity in such a merger if the merger is authorized by the law of the foreign entity’s jurisdiction of formation.
(3)In the case of a merger involving a limited liability company that is a not-for-profit company, the surviving limited liability company or other business entity must also be a not-for-profit entity.