Florida HB 1009: Business Organizations

Bill Text

HB 1009 2019

CODING: Words stricken are deletions; words underlined are additions.
hb1009-00
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

A bill to be entitled 1
An act relating to business organizations; amending s. 2
607.0101, F.S.; providing applicability; amending s. 3
607.0102, F.S.; making technical changes; amending s. 4
607.0120, F.S.; making technical changes; providing 5
requirements, authorizations, and prohibitions 6
relating to when the terms of a plan or a filed 7
document may be dependent on facts objectively 8
ascertainable outside of the plan or filed document; 9
defining the terms "filed document" and "plan"; 10
amending s. 607.0121, F.S.; making technical changes; 11
conforming provisions to changes made by the act; 12
amending s. 607.0122, F.S.; conforming provisions to 13
changes made by the act; amending s. 607.0123, F.S.; 14
revising provisions, requirements, and authorizations 15
relating to the effective time and date of a document; 16
amending s. 607.0124, F.S.; revising the process 17
authorizing a domestic or foreign corporation to 18
correct a document filed by the Department of State; 19
authorizing a filing to be withdrawn before it takes 20
effect if certain requirements are met; amending s. 21
607.0125, F.S.; revising the filing duties of the 22
department; amending s. 607.0126, F.S.; revising the 23
appeals process relating to the department's refusal 24
to file a document; amending s. 607.0127, F.S.; 25

HB 1009 2019

CODING: Words stricken are deletions; words underlined are additions.
hb1009-00
Page 2 of 528
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

requiring certain certificates to be taken by certain 26
entities as prima facie evidence of the facts stated; 27
revising when a certificate and a copy of a document 28
are conclusive evidence that the original document is 29
on file with the department; amending s. 607.0128, 30
F.S.; revising provisions relating to department-31
issued certificates of status; amending s. 607.0130, 32
F.S.; deleting provisions relating to the powers of 33
the department; amending s. 607.01401, F.S.; defining 34
and redefining terms; amending s. 607.0141, F.S.; 35
revising provisions relating to written and oral 36
notice under ch. 607, F.S.; providing construction; 37
creating s. 607.0143, F.S.; defining the terms 38
"qualified director," "material relationship," and 39
"material interest"; providing for circumstances under 40
which a director is not automatically prevented from 41
being a qualified director; amending s. 607.0201, 42
F.S.; conforming provisions to changes made by the 43
act; amending s. 607.0202, F.S.; revising requirements 44
and authorizations for the contents of articles of 45
incorporation; authorizing provisions of the articles 46
of incorporation to be made dependent upon facts 47
objectively ascertainable outside of the articles of 48
incorporation; prohibiting the articles of 49
incorporation from containing certain provisions; 50

HB 1009 2019

CODING: Words stricken are deletions; words underlined are additions.
hb1009-00
Page 3 of 528
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

amending s. 607.0203, F.S.; conforming provisions to 51
changes made by the act; amending s. 607.0204, F.S.; 52
deleting an exemption from liability related to 53
persons who have actual knowledge that there is no 54
incorporation when purporting to act as or on behalf 55
of a corporation; making a technical change; amending 56
s. 607.0205, F.S.; making technical changes; requiring 57
directors or incorporators calling an organizational 58
meeting to give at least 2, rather than 3, days' 59
notice; amending s. 607.0206, F.S.; revising 60
provisions relating to the contents of the bylaws of a 61
corporation; amending s. 607.0207, F.S.; making 62
technical changes; creating s. 607.0208, F.S.; 63
authorizing provisions of the articles of 64
incorporation or the bylaws to create exclusive 65
jurisdiction for certain claims; providing 66
applicability for such provisions; prohibiting the 67
articles or bylaws from prohibiting certain actions; 68
defining the term "internal corporate claim"; amending 69
s. 607.0301, F.S.; revising purposes and 70
applicability; amending s. 607.0302, F.S.; making 71
technical changes; amending s. 607.0303, F.S.; 72
revising the requirements relating to the liability of 73
certain persons acting in accordance with emergency 74
bylaws; making technical changes; amending s. 75

HB 1009 2019

CODING: Words stricken are deletions; words underlined are additions.
hb1009-00
Page 4 of 528
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

607.0304, F.S.; revising when a corporation's power to 76
act may be challenged; amending s. 607.0401, F.S.; 77
authorizing a corporation to register under a name 78
that is not otherwise distinguishable on the records 79
of the department under certain circumstances; 80
providing applicability; creating s. 607.04021, F