eLaws of Florida

  SECTION 617.0207. Emergency bylaws.  


Latest version.
  • 1(1) 2Unless the articles of incorporation provide otherwise, the board of directors of a corporation may adopt bylaws to be effective only in an emergency defined in subsection (5). The emergency bylaws may make all provisions necessary for managing the corporation during an emergency, including:
    46(a) 47Procedures for calling a meeting of the board of directors;
    57(b) 58Quorum requirements for the meeting; and
    64(c) 65Designation of additional or substitute directors.
    71(2) 72The board of directors, either before or during any such emergency, may provide, and from time to time modify, lines of succession if during such emergency any or all officers or agents of the corporation are for any reason rendered incapable of discharging their duties.
    117(3) 118All provisions of the regular bylaws consistent with the emergency bylaws remain effective during the emergency. The emergency bylaws are not effective after the emergency ends.
    144(4) 145Corporate action taken in good faith in accordance with the emergency bylaws:
    157(a) 158Binds the corporation; and
    162(b) 163May not be used to impose liability on a corporate director, officer, employee, or agent.
    178(5) 179An emergency exists for purposes of this section if a quorum of the corporation’s directors cannot readily be assembled because of some catastrophic event.
History.-s. 22, ch. 90-179.

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