SECTION 607.501. Application and effect of part.

Latest version.

1(1) 2This part applies to a social purpose corporation and does not affect a corporation that is not a social purpose corporation.
23(2) 24Except as otherwise provided in this part, this chapter applies generally to all social purpose corporations.
40(3) 41A social purpose corporation may be simultaneously subject to this part and to one or more chapters, including chapter 621. In such event, this part takes precedence with respect to a social purpose corporation.
75(4) 76Except as authorized by this part, a provision of the articles of incorporation or bylaws of a social purpose corporation, or a shareholders agreement among shareholders of a social purpose corporation, may not limit, be inconsistent with, or supersede a provision of this part.

History.-s. 7, ch. 2014-209.

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