SECTION 607.1008. Amendment pursuant to reorganization.

Latest version.

1(1) 2A corporation’s articles of incorporation may be amended without action by the board of directors or shareholders to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under the authority of a law of the United States or of this state.
49(2) 50The individual or individuals designated by the court shall deliver to the department for filing articles of amendment setting forth:
70(a) 71The name of the corporation;
76(b) 77The text of each amendment approved by the court;
86(c) 87The date of the court’s order or decree approving the articles of amendment;
100(d) 101The title of the reorganization proceeding in which the order or decree was entered; and
116(e) 117A statement that the court had jurisdiction of the proceeding under a federal or Florida statute.
133(3) 134Shareholders of a corporation undergoing reorganization do not have appraisal rights except as and to the extent provided in the reorganization plan.
156(4) 157This section does not apply after entry of a final decree in the reorganization proceeding even though the court retains jurisdiction of the proceeding for limited purposes unrelated to consummation of the reorganization plan.

History.-s. 104, ch. 89-154; s. 126, ch. 2019-90.

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