Florida Statutes Section 607.0626 - Shares Without Certificates. (Fla. Stat. § 607.0626)

607.0626 Shares without certificates.—

(1) Unless the articles of incorporation or bylaws provide otherwise, the board of directors of a corporation may authorize the issue of some or all of the shares of any or all of its classes or series without certificates. The authorization does not affect shares already represented by certificates until they are surrendered to the corporation.

(2) Within a reasonable time after the issue or transfer of shares without certificates, the corporation shall send the shareholder a written statement of the information required on certificates by s. 607.0625(2) and (3), and, if applicable, s. 607.0627.

History.—s. 43, ch. 89-154.

Section: Previous  607.0604  607.0620  607.0621  607.0622  607.0623  607.0624  607.0625  607.0626  607.0627  607.0628  607.0630  607.0631  607.06401  607.0701  607.0702  Next

Last modified: September 23, 2016