eLaws of Florida

  SECTION 420.124. Stockholders; powers.  


Latest version.
  • 1The stockholders of the corporation shall have the following powers of the corporation:
    14(1) 15To make, amend, and repeal bylaws.
    21(2) 22To amend the charter as provided in s. 30420.13131.
    32(3) 33To dissolve the corporation as provided in s. 41420.16142.
    43(4) 44To do all things necessary or desirable to secure aid, assistance, loans, and other financing from any financial institution and from any similar government agency.
    69(5) 70To exercise such other of the powers of the corporation consistent with this chapter as may be conferred on the stockholders by the bylaws. As to all matters requiring action by the stockholders of the corporation, said stockholders shall vote separately thereon, and, except as otherwise herein provided, such matters shall require the affirmative vote of a majority of the votes to which the stockholders present or represented at the meeting shall be entitled.

    144Each stockholder shall have one vote, in person or by proxy, for each share of capital stock held by her or him.

History.-s. 1, ch. 72-172; s. 77, ch. 97-103.