425.27
Foreign corporations.
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425.27 Foreign corporations.—Any corporation organized under the laws of another state on a nonprofit or a cooperative basis for the purpose of supplying electric energy in rural areas and owning and operating electric transmission or distribution lines in a state adjacent to this state, shall be allowed to transact business in this state and shall have the same rights, powers, and privileges as a cooperative organized under this chapter upon the filing with the Department of State of a certified copy of its charter or articles of incorporation and upon payment of the filing fee in this chapter provided.
History.—s. 26, ch. 19138, 1939; CGL 1940 Supp. 6494(69); ss. 10, 35, ch. 69-106.
Notes of Decisions
Cited in 1
case, 1982–1982 · leading case: Alabama Electric Cooperative, Inc., a Foreign Corporation v. First National Bank of Akron, Ohio
Alabama Electric Cooperative, Inc., a Foreign Corporation v. First National Bank of Akron, Ohio (1982)
“Fla.Stat.Ann. § 425.27 (West 1973) (emphasis added).”
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