Bill Text: FL S1684 | 2010 | Regular Session | Introduced
Bill Title: Corporations [CPSC]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2010-04-30 - Died in Committee on Commerce [S1684 Detail]
Download: Florida-2010-S1684-Introduced.html
Florida Senate - 2010 SB 1684 By Senator Garcia 40-01050-10 20101684__ 1 A bill to be entitled 2 An act relating to corporations; amending s. 289.021, 3 F.S.; deleting an obsolete reference to taxes; 4 correcting a cross-reference; amending s. 607.1622, 5 F.S.; deleting a provision authorizing a corporation 6 to contribute to the Election Campaign Financing Trust 7 Fund when filing an annual report; amending s. 8 617.01301, F.S.; correcting a cross-reference; 9 amending s. 617.0606, F.S.; permitting members of a 10 corporation to resign at any time, unless otherwise 11 restricted by the articles of incorporation or bylaws; 12 amending s. 620.8503, F.S.; correcting a cross 13 reference; amending s. 865.09, F.S.; making a 14 technical change; providing an effective date. 15 16 Be It Enacted by the Legislature of the State of Florida: 17 18 Section 1. Subsection (2) of section 289.021, Florida 19 Statutes, is amended to read: 20 289.021 Industrial Development Corporation; incorporation.— 21 (2) The Department of State mayshallnot approve articles 22 of incorporation for a corporation organized under this act 23 until a total of at least 15 national banks, state banks, 24 savings banks, industrial savings banks, federal savings and 25 loan associations, domestic building and loan associations, or 26 insurance companies authorized to do business within this state, 27 or any combination thereof, have agreed in writing to become 28 members of said corporation. The written agreement shall be 29 filed with the Department of State with the articles of 30 incorporation and the filing of same shall be a condition 31 precedent to the approval of the articles of incorporation by 32 the Department of State. Whenever the articles of incorporation 33 shall have been filed in the Department of State and approved by 34 it, and all filing feesand taxesprescribed by s. 607.0122 35chapter 608, have been paid, the subscribers, their successors 36 and assigns shall constitute a corporation, and said corporation 37 shall then be authorized to commence business, and stock thereof 38 to the extent herein or hereafter duly authorized may from time 39 to time be issued. 40 Section 2. Subsection (1) of section 607.1622, Florida 41 Statutes, is amended to read: 42 607.1622 Annual report for Department of State.— 43 (1) Each domestic corporation and each foreign corporation 44 authorized to transact business in this state shall deliver to 45 the Department of State for filing a sworn annual report on such 46 forms as the Department of State prescribes that sets forth: 47 (a) The name of the corporation and the state or country 48 under the law of which it is incorporated; 49 (b) The date of incorporation or, if a foreign corporation, 50 the date on which it was admitted to do business in this state; 51 (c) The address of its principal office and the mailing 52 address of the corporation; 53 (d) The corporation’s federal employer identification 54 number, if any, or, if none, whether one has been applied for; 55 (e) The names and business street addresses of its 56 directors and principal officers; 57 (f) The street address of its registered office and the 58 name of its registered agent at that office in this state; 59(g)Language permitting a voluntary contribution of $5 per60taxpayer, which contribution shall be transferred into the61Election Campaign Financing Trust Fund. A statement providing an62explanation of the purpose of the trust fund shall also be63included;and 64 (g)(h)Such additional information as may be necessary or 65 appropriate to enable the Department of State to carry out the 66 provisions of this act. 67 Section 3. Subsection (3) of section 617.01301, Florida 68 Statutes, is amended to read: 69 617.01301 Powers of Department of State.— 70 (3) The Department of State may, based upon its findings 71 hereunder or as provided in s. 213.053(15)s.213.053(13), bring 72 an action in circuit court to collect any penalties, fees, or 73 taxes determined to be due and owing the state and to compel any 74 filing, qualification, or registration required by law. In 75 connection with such proceeding the department may, without 76 prior approval by the court, file a lis pendens against any 77 property owned by the corporation and may further certify any 78 findings to the Department of Legal Affairs for the initiation 79 of any action permitted pursuant to s. 617.0503 which the 80 Department of Legal Affairs may deem appropriate. 81 Section 4. Subsection (1) of section 617.0606, Florida 82 Statutes, is amended to read: 83 617.0606 Resignation of members.— 84 (1) Except as may be provided in the articles of 85 incorporation or bylaws of a corporation, a member may resign at 86 any timeof a mutual benefit corporation may not transfer a87membership or any right arising from membership. 88 Section 5. Subsection (2) of section 620.8503, Florida 89 Statutes, is amended to read: 90 620.8503 Transfer of partner’s transferable interest.— 91 (2) A transferee of a partner’s transferable interest in 92 the partnership has a right: 93 (a) To receive, in accordance with the transfer, 94 distributions to which the transferor would otherwise be 95 entitled; 96 (b) To receive upon the dissolution and winding up of the 97 partnership business, in accordance with the transfer, the net 98 amount otherwise distributable to the transferor; and 99 (c) To seek, under s. 620.8801(6)s.620.839(6), a judicial 100 determination that it is equitable to wind up the partnership 101 business. 102 Section 6. Subsection (11) of section 865.09, Florida 103 Statutes, is amended to read: 104 865.09 Fictitious name registration.— 105 (11) FORMS.—Registration, cancellation, and renewal shall 106 be made on forms prescribed by the Department of State, which 107 may include the uniform business report, pursuant to s. 606.06, 108 as a means of satisfying the requirement of this chapterpart. 109 Section 7. This act shall take effect July 1, 2010.