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Florida Statute 607.0745 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
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F.S. 607.0745 Case Law from Google Scholar Google Search for Amendments to 607.0745

The 2024 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS
Chapter 607
FLORIDA BUSINESS CORPORATION ACT
View Entire Chapter
F.S. 607.0745
607.0745 Discontinuance or settlement; notice.
(1) A derivative action on behalf of a corporation may not be discontinued or settled without the court’s approval.
(2) If the court determines that a proposed discontinuance or settlement will substantially affect the interest of the corporation’s shareholders or a class, series, or voting group of shareholders, the court shall direct that notice be given to the shareholders affected. The court may determine which party or parties to the derivative action shall bear the expense of giving the notice.
History.s. 77, ch. 2019-90.

F.S. 607.0745 on Google Scholar

F.S. 607.0745 on Casetext

Amendments to 607.0745


Arrestable Offenses / Crimes under Fla. Stat. 607.0745
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 607.0745.



Annotations, Discussions, Cases:

Cases Citing Statute 607.0745

Total Results: 1

MARK SPANAKOS v. HAWK SYSTEMS, INC.

Court: Fla. Dist. Ct. App. | Date Filed: 2023-04-19T00:53:00-07:00

Snippet: shareholder actions require court approval, see § 607.0745(1), Fla. Stat. (2022), court approval is a post-agreement…potential objections at a fairness hearing. See § 607.0745(2), Fla. Stat. (2022); see also Andrzejczyk v.