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Florida Statute 607.742 - Full Text and Legal Analysis
Florida Statute 607.0742 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 607.0742 Case Law from Google Scholar Google Search for Amendments to 607.0742

The 2025 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS
Chapter 607
FLORIDA BUSINESS CORPORATION ACT
View Entire Chapter
F.S. 607.0742
607.0742 Complaint; demand and excuse.A complaint in a proceeding brought in the right of a corporation must be verified and allege with particularity:
(1) The demand, if any, made to obtain the action desired by the shareholder from the board of directors; and
(2) Either:
(a) If such a demand was made, that the demand was refused, rejected, or ignored by the board of directors prior to the expiration of 90 days from the date the demand was made;
(b) If such a demand was made, why irreparable injury to the corporation or misapplication or waste of corporate assets causing material injury to the corporation would result by waiting for the expiration of a 90-day period from the date the demand was made; or
(c) The reason or reasons the shareholder did not make the effort to obtain the desired action from the board of directors or comparable authority.
History.s. 74, ch. 2019-90.

F.S. 607.0742 on Google Scholar

F.S. 607.0742 on CourtListener

Amendments to 607.0742


Annotations, Discussions, Cases:

Cases Citing Statute 607.0742

Total Results: 1

JON J. RAPPAPORT v. ARTHUR F. SCHERR, etc.

District Court of Appeal of Florida | Filed: May 26, 2021 | Docket: 59936531

Published

again amended the statute, (now renumbered as section 607.0742). That amended law, which became