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Mara & Mara

Tag Archives: Business Law

Florida’s New Revised LLC Act, Part II

Come January 1, 2013, the Florida Revised LLC Act will become law. Most of the statutory provisions may be overridden by provisions in the LLC’s Operating Agreement. However, there are some provisions, based on Florida Statutes Section 605.0105 that may not be waived. Management: If a management provision is not specified, then the default will… Read More »

Florida’s New Revised LLC Act. Part I

The Florida Revised LLC Act (“FRLA”) became law on June 14th, and beginning January 1, 2015, all LLCs will be subject to the FRLA.  This blog highlights some important provisions. Managing member:  The term “managing-member” is no longer in the definitions section of the FRLA.  The term was taken out because many LLCs were using… Read More »