Florida’s New Protected Series LLC – Proceed with Caution

Direct link: https://www.businessobserverfl.com/news/2026/may/08/floridas-new-protected-series-llc-proceed-with-caution/

Effective July 1, 2026, Florida will permit the use of a “protected series LLC” (PSLLC) as outlined in Chapter 605 of the Florida Statutes. With this structure, a single parent LLC can create multiple internal series, each possessing its own assets, liabilities, members, and managers. The main advantage is clear: business owners with various properties, locations, or ventures can manage everything under one entity, while aiming to protect each series from the risks associated with others.