29 sections in this chapter.
Fla. Stat. § 618.01 Definitions
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In construing this chapter, where the context permits, the word, phrase, or term:(1) “Agricultural products” shall include aquacultural, horticultural, viticultural, forestry, aquatic, dairy, livestock, poultry, bee, and any farm products.(2) “Member” shall include actual members…
Fla. Stat. § 618.02 Who may organize association
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Three or more persons engaged in the production of any agricultural products, or three or more associations, may form a nonprofit cooperative association under the provisions of this chapter.
Fla. Stat. § 618.03 Preliminary investigation
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Every group of persons contemplating the organization of an association under this chapter is urged to communicate with the Department of Agriculture and Consumer Services, which will inform it whatever a survey of the marketing conditions affecting the commodities to be handled …
Fla. Stat. § 618.04 Articles of incorporation; fees
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Each association organized under this chapter shall prepare and file articles of incorporation setting forth:(1) The name of the association, which may or may not include the word “cooperative” or any abbreviation thereof;(2) The purpose for which it is formed;(3) The place where…
Fla. Stat. § 618.05 Amendment of articles of incorporation
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The articles of incorporation may be altered or amended at any regular meeting or any special meeting called for the purpose. An amendment must first be approved by two-thirds of the directors and then adopted by a vote representing a majority of a quorum of the members attending…
Fla. Stat. § 618.06 Purposes of incorporation
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An association may be organized under this chapter for the purpose of engaging in any cooperative activity in connection with the producing, marketing, or selling of agricultural products; or with the growing, harvesting, preserving, drying, processing, canning, packing, grading,…
Fla. Stat. § 618.07 Powers of corporations
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Except as the same may be limited in its articles of incorporation, each association organized under this chapter shall have the following powers:(1) To engage in any activity in connection with the producing, marketing, selling, preserving, growing, harvesting, drying, processin…
Fla. Stat. § 618.08 Corporations may mortgage farm supplies
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A mortgage, executed by a cooperative association, may cover its stock of farm supplies, changing in specifics, which stock mortgagor is permitted to retain in its possession and sell in the usual course of business. The lien of such mortgage shall be lost on all farm supplies so…
Fla. Stat. § 618.09 Bylaws
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Each association incorporated under this chapter shall adopt for its government and management, a code of bylaws not inconsistent with the powers granted by this chapter. A majority vote of a quorum of the members or stockholders attending a meeting, of which notice of the propos…
Fla. Stat. § 618.10 Membership of corporation
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(1) Under the terms and conditions prescribed in the bylaws adopted by it, an association may admit as members, or issue common stock only to persons engaged in the production of agricultural products and to associations as defined in this chapter.(2) An association organized her…
Fla. Stat. § 618.11 How meetings called
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In its bylaws each association shall provide for one or more regular meetings annually. The board of directors shall have the right to call a special meeting at any time, and 10 percent of the members or stockholders may file a petition stating the specific business to be brought…
Fla. Stat. § 618.12 Directors; election
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(1) The affairs of the association shall be managed by a board of not less than three directors, to be elected by the members or stockholders, with such qualifications as may be provided for in the articles of incorporation or the bylaws. The bylaws may provide that the territory…
Fla. Stat. § 618.13 Officers; election
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The directors shall elect from their number a president and one or more vice presidents. They shall also elect a secretary, a treasurer, and such other officers as may be provided for in the bylaws, none of whom need be directors or members of the association. The office of secre…
Fla. Stat. § 618.14 Removal of officers and directors
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(1) Any member may bring charges against an officer or director by filing them in writing with the secretary of the association, together with a petition signed by 10 percent of the members, requesting the removal of the officer or director in question. The removal shall be voted…
Fla. Stat. § 618.15 Capital stock and membership
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(1) When a member of an association organized without capital stock has paid his or her membership fee in full the member shall receive a certificate of membership. An association may issue its shares of stock having no par value from time to time for such consideration as may be…
Fla. Stat. § 618.16 Referendum upon certain motions
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Upon demand of one-third of the entire board of directors made immediately and so recorded at the same meeting at which the original motion was passed any matter that has been approved or passed by the board must be referred to the entire membership or the stockholders for decisi…
Fla. Stat. § 618.17 Marketing contracts
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The association and its members may make and execute marketing contracts requiring the members to sell, for any period of time, all or any specified part of their agricultural products or specified commodities exclusively to or through the association or any agencies designated b…
Fla. Stat. § 618.18 Remedies for breach of marketing contract
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(1) The bylaws and the marketing contract may fix, as liquidated damages, specific sums to be paid by the member or stockholder of the association upon the breach by her or him of any provisions of the marketing contract regarding the sale or delivery or withholding of products; …
Fla. Stat. § 618.19 Contracts and agreements with other like associations
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Any association may, upon resolution adopted by its board of directors, enter into all necessary and proper contracts and agreements and make all necessary and proper stipulations, agreements and contracts, and arrangements with any other cooperative corporation, association or a…
Fla. Stat. § 618.20 Purchase of interest in like corporations
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(1) An association may organize, form, operate, own, control, have an interest in, own stock of, or be a member of any other association or corporation, with or without capital stock, and engaged in planting, growing, producing, preserving, drying, processing, canning, packing, s…
Fla. Stat. § 618.21 Corporations not in restraint of trade
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No association as defined in this chapter while engaged in any of the activities specified in s. 618.20 shall be deemed to be a conspiracy, or a combination in unlawful restraint of trade, or an illegal monopoly, or an attempt to lessen competition or to fix prices arbitrarily; n…
Fla. Stat. § 618.22 Adoption of provisions of this chapter by prior corporations
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Any corporation or association, organized under previously existing statutes, may, by a majority vote of its stockholders or members, be brought under the provisions of this chapter by limiting its membership and adopting the other restrictions as provided herein. It shall make o…
Fla. Stat. § 618.221 Conversion into a corporation for profit
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Any association incorporated under or that has adopted the provisions of this chapter, may, by a majority vote of its stockholders or members be brought under part I of chapter 607, as a corporation for profit by surrendering all right to carry on its business under this chapter,…
Fla. Stat. § 618.23 Quo warranto to test validity of corporation
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The right of an association claiming to be organized and incorporated and carrying on its business under this chapter to do and to continue its business, may be inquired into by quo warranto at the suit of the Department of Legal Affairs, but not otherwise.
Fla. Stat. § 618.24 Application of general corporation laws
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The provisions of the laws of this state with respect to corporations for profit and all powers and rights thereunder shall apply to associations organized under this chapter, except where such provisions are in conflict with or inconsistent with the express provisions of this ch…
Fla. Stat. § 618.25 Dissolution
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(1) Any association incorporated under or adopting the provisions of this chapter may be dissolved and its affairs wound up voluntarily by a petition signed by two-thirds of the members or by the holders of two-thirds of the common stock, either in person or by their agent, which…
Fla. Stat. § 618.26 Conditions under which foreign similar corporation may do business in this state
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Any cooperative association with or without capital stock as defined in this chapter heretofore or hereafter organized under the laws of another state shall be allowed to carry on any proper activities, operations and functions in this state upon the filing with the Department of…
Fla. Stat. § 618.27 Use of term “cooperative.”
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(1) No person doing business in this state, shall be entitled to use the word “cooperative” as part of its corporate or other business name or title unless it has complied with the provisions of this chapter.(2) Any person now organized and existing or doing business in this stat…
Fla. Stat. § 618.28 This chapter not to affect certain laws
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The provisions of this chapter shall not be construed to affect, limit, or in anywise interfere with the rights, powers, or privileges of any corporation or association which exists or which may be hereafter organized under chapter 617 or chapter 619 and laws prior thereto.