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Terms Used In Florida Statutes 607.0101

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

(1) This chapter may be cited as the “Florida Business Corporation Act.”
(2) Part I of this chapter contains provisions of general applicability to corporations.
(3) Part II of this chapter applies to social purpose corporations.
(4) Part III of this chapter applies to benefit corporations.