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13 chapters · 970 sections in this title.
Fla. Stat. § 607.604 Election of benefit corporation status
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(1) An existing corporation may become a benefit corporation under this part by amending its articles of incorporation to include a statement that the corporation is a benefit corporation under this part. The amendment must be adopted by the minimum status vote.(2) A plan of merg…
Fla. Stat. § 607.605 Termination of benefit corporation status
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(1) A benefit corporation may terminate its status as such and cease to be subject to this part by amending its articles of incorporation to delete the provision required under s. 607.603 or s. 607.604. The amendment must be adopted by the minimum status vote.(2) A plan of merger…
Fla. Stat. § 607.606 Corporate purpose
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(1) A benefit corporation has the purpose of creating general public benefit. This purpose is in addition to its purpose under s. 607.0301.(2) The articles of incorporation of a benefit corporation may identify one or more specific public benefits as its purpose in addition to it…
Fla. Stat. § 607.607 Standard of conduct for directors
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(1) In discharging their duties and in considering the best interests of the benefit corporation, the directors:(a) Shall consider the effects of any action or inaction upon:1. The shareholders of the benefit corporation;2. The employees and workforce of the benefit corporation, …