Online Sunshine Logo

Skip to Menu | Skip to Main Content

Official Internet Site of the Florida Legislature
July 21, 2026
Text: 'NEW Advanced Legislative Search'
Interpreter Services for the Deaf and Hard of Hearing
Finding Florida Grades K-5
Life as a Lawmaker Grades 6+
Select Year:  
The Florida Statutes

The 2000 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS
Chapter 608
Limited Liability Companies
View Entire Chapter
Section 608.444, Florida Statutes 2000

608.444  Distribution of assets upon dissolution.--In settling accounts after dissolution of a limited liability company, the assets of the limited liability company must be distributed in the following order:

(1)  To creditors, including members who are creditors, to the extent permitted by law in satisfaction of liabilities of the limited liability company, whether by payment or establishment of reserves, other than liabilities for distributions to members under s. 608.426 or s. 608.427.

(2)  Except as provided in the operating agreement, to members and former members in satisfaction of liabilities for distributions under s. 608.426 or s. 608.427.

(3)  Except as provided in the articles of organization or the operating agreement, to members pro rata in proportion to their then-current percentage, or other interests in the profits, of the company.

History.--s. 2, ch. 82-177; s. 43, ch. 93-284; s. 1, ch. 99-315.