The Fund Concept

Essential monthly newsletter for real estate attorneys in Florida

Published by The Fund's Legal Services department, The Fund Concept is our monthly newsletter that has proven to be essential reading for our attorney members. If you are looking for the latest developments in real estate law and the title industry, this is where you will find them. Since 1969, this publication has been an important resource for education and information.

The Fund Concept is also available online in electronic (PDF) format and requires Adobe's Acrobat Reader for viewing. Every issue of the Fund Concept, dating back to 1969, is currently available.

The Fund Concept Online allows you to download each issue, or search for articles that match your interests.

Analyzing the Foreign Series LLC

By Mishele Schutz, Sr. Underwriting Counsel, Commercial Services

The series limited liability company, commonly referred to as an “SLLC,” is currently authorized in Alabama, Delaware, District of Columbia, Illinois, Indiana, Iowa, Kansas, Missouri, Montana, Nevada, Oklahoma, Puerto Rico, Tennessee, Texas, Utah, and Wyoming (the Series LLC Jurisdictions). As of the date of this article, Florida has not adopted statutes authorizing Florida LLCs to become SLLCs. Sec. 605.0102 (26), F.S. (2019), states that &ldquo...