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Florida Statute 607.1602 - Full Text and Legal Analysis
Florida Statute 607.1602 | Lawyer Caselaw & Research
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The 2025 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS
Chapter 607
FLORIDA BUSINESS CORPORATION ACT
View Entire Chapter
F.S. 607.1602
607.1602 Inspection of records by shareholders.
(1) A shareholder of a corporation is entitled to inspect and copy, during regular business hours at the corporation’s principal office, any of the records of the corporation described in s. 607.1601(1), excluding minutes of meetings of, and records of actions taken without a meeting by, the corporation’s board of directors and any board committees of the corporation established under s. 607.0825, if the shareholder gives the corporation written notice of the shareholder’s demand at least 5 business days before the date on which the shareholder wishes to inspect and copy.
(2) A shareholder of a corporation is entitled to inspect and copy, during regular business hours at a reasonable location specified by the corporation, any of the following records of the corporation if the shareholder meets the requirements of subsection (3) and gives the corporation written notice of the shareholder’s demand at least 5 business days before the date on which the shareholder wishes to inspect and copy:
(a) Excerpts from minutes of any meeting of, or records of any actions taken without a meeting by, the corporation’s board of directors and board committees of the corporation maintained in accordance with s. 607.1601(1);
(b) The financial statements of the corporation maintained in accordance with s. 607.1601(2);
(c) Accounting records of the corporation;
(d) The record of shareholders maintained in accordance with s. 607.1601(4); and
(e) Any other books and records.
(3) A shareholder may inspect and copy the records described in subsection (2) only if:
(a) The shareholder’s demand is made in good faith and for a proper purpose;
(b) The shareholder’s demand describes with reasonable particularity the shareholder’s purpose and the records the shareholder desires to inspect; and
(c) The records are directly connected with the shareholder’s purpose.
(4) The corporation may impose reasonable restrictions on the disclosure, use, or distribution of, and reasonable obligations to maintain the confidentiality of, records described in subsection (2).
(5) For any meeting of shareholders for which the record date for determining shareholders entitled to vote at the meeting is different than the record date for notice of the meeting, any person who becomes a shareholder subsequent to the record date for notice of the meeting and is entitled to vote at the meeting is entitled to obtain from the corporation upon request the notice and any other information provided by the corporation to shareholders in connection with the meeting, unless the corporation has made such information generally available to shareholders by posting it on its website or by other generally recognized means. Failure of a corporation to provide such information does not affect the validity of action taken at the meeting.
(6) The right of inspection granted by this section may not be abolished or limited by a corporation’s articles of incorporation or bylaws.
(7) This section does not affect:
(a) The right of a shareholder to inspect and copy records under s. 607.0720 or, if the shareholder is in litigation with the corporation, to the same extent as any other litigant; or
(b) The power of a court, independently of this chapter, to compel the production of corporate records for examination and to impose reasonable restrictions as provided in s. 607.1604(3), provided that, in the case of production of records described in subsection (2) at the request of the shareholder, the shareholder has met the requirements of subsection (3).
(8) A corporation may deny any demand for inspection made pursuant to subsection (2) if the demand was made for an improper purpose, or if the demanding shareholder has within 2 years preceding his, her, or its demand sold or offered for sale any list of shareholders of the corporation or any other corporation, has aided or abetted any person in procuring any list of shareholders for any such purpose, or has improperly used any information secured through any prior examination of the records of the corporation or any other corporation.
(9) A shareholder may not sell or otherwise distribute any information or records inspected under this section, except to the extent that such use is for a proper purpose as defined in subsection (11).
(10) For purposes of this section, the term “shareholder” means a record shareholder, a beneficial shareholder, or an unrestricted voting trust beneficial owner.
(11) For purposes of this section, a “proper purpose” means a purpose reasonably related to such person’s interest as a shareholder.
(12) The rights of a shareholder to obtain records under subsections (1) and (2) shall also apply to the records of subsidiaries of the corporation.
History.s. 151, ch. 89-154; s. 12, ch. 94-327; s. 42, ch. 97-102; s. 219, ch. 2019-90; s. 64, ch. 2020-32.

F.S. 607.1602 on Google Scholar

F.S. 607.1602 on CourtListener

Amendments to 607.1602


Annotations, Discussions, Cases:

Cases Citing Statute 607.1602

Total Results: 18

Michael Urfirer v. Robert Cornfeld

408 F.3d 710, 2005 U.S. App. LEXIS 7778, 2005 WL 1039101

Court of Appeals for the Eleventh Circuit | Filed: May 5, 2005 | Docket: 398334

Cited 7 times | Published

inspection rights. He cites Florida Statutes § 607.1602, which provides that shareholders are entitled

Tucci v. Smoothie King Franchises, Inc.

215 F. Supp. 2d 1295, 2002 U.S. Dist. LEXIS 15147, 2002 WL 1888689

District Court, M.D. Florida | Filed: Jul 3, 2002 | Docket: 2370966

Cited 7 times | Published

Count VI, Plaintiff alleges violations of Section 607.1602 and Section 607.1620 of the Florida Business

Synchron, Inc. v. Kogan

757 So. 2d 564, 2000 WL 485551

District Court of Appeal of Florida | Filed: Apr 26, 2000 | Docket: 1698232

Cited 5 times | Published

grounded in Florida statutory or common law. See § 607.1602, Fla. Stat. (1997); Hollander v. Rosen, 555 So

UNIVERSAL ENGINEERING TESTING v. Israel

707 So. 2d 900, 1998 WL 95317

District Court of Appeal of Florida | Filed: Mar 6, 1998 | Docket: 1675970

Cited 3 times | Published

Universal's corporate records pursuant to section 607.1602, Florida Statutes (1995).[1] The request was

Computer Solutions, Inc. v. Gnaizda

633 So. 2d 1100, 1994 Fla. App. LEXIS 974, 1994 WL 45165

District Court of Appeal of Florida | Filed: Feb 15, 1994 | Docket: 1707752

Cited 3 times | Published

enforcement of his rights to inspect CSI's books. See § 607.1602, Fla. Stat. (1991).[1] The affidavit of Gnaizda's

Collier Anesthesia, PA v. Worden

726 So. 2d 342, 1999 WL 22508

District Court of Appeal of Florida | Filed: Jan 22, 1999 | Docket: 1307303

Cited 2 times | Published

proceed to the actual accounting. Id. *344 Section 607.1602, Florida Statutes (1997), allows a shareholder

World Time Corp. of America v. Mizrachi

702 So. 2d 284, 1997 Fla. App. LEXIS 13682, 1997 WL 756637

District Court of Appeal of Florida | Filed: Dec 10, 1997 | Docket: 1438550

Cited 2 times | Published

inspect the corporate records. Pursuant to section 607.1602, a shareholder of a corporation is entitled

Williams v. LIBERTY BANCORPORATION, C.

40 So. 3d 84, 2010 Fla. App. LEXIS 10013, 2010 WL 2695649

District Court of Appeal of Florida | Filed: Jul 9, 2010 | Docket: 2567974

Cited 1 times | Published

Liberty Bancorporation did not comply with section 607.1602, Florida Statutes (2007). Our affirmance does

HeartPoint Global, Inc., etc. v. Dragon Blue Limited, etc.

District Court of Appeal of Florida | Filed: Jul 10, 2024 | Docket: 68471423

Published

LOBREE, JJ. PER CURIAM. Affirmed. § 607.1602(7)(b), Fla. Stat. (2023) (“This section does

VILLA BELLINI RISTORANTE & LOUNGE, INC. v. CIRO MANCINI

District Court of Appeal of Florida | Filed: Nov 15, 2019 | Docket: 16472139

Published

statutory demand for inspection Chapter § 607.1602, Florida Statutes (2016 as amended)

Schlesinger v. Schlesinger

186 So. 3d 618, 2016 Fla. App. LEXIS 3075, 2016 WL 834035

District Court of Appeal of Florida | Filed: Mar 2, 2016 | Docket: 3040777

Published

review and inspect those same documents under section 607.1602 has been decided.”); Arthur Finnieston

Omes v. Ultra Enterprises, Inc.

116 So. 3d 633, 2013 WL 3336867, 2013 Fla. App. LEXIS 10603

District Court of Appeal of Florida | Filed: Jul 3, 2013 | Docket: 60232424

Published

access to corporate books and records under section 607.1602, Florida Statutes (2011), and unlawful denial

Swan v. Trost

100 So. 3d 1205, 2012 Fla. App. LEXIS 19550, 2012 WL 5458080

District Court of Appeal of Florida | Filed: Nov 9, 2012 | Docket: 60225563

Published

Citrus Park Corporate Documents Similarly, section 607.1602, Florida Statutes (2009), provides for inspection

D. Stephenson Construction, Inc. v. Mendiguren

958 So. 2d 527, 2007 Fla. App. LEXIS 8872, 2007 WL 1610440

District Court of Appeal of Florida | Filed: Jun 6, 2007 | Docket: 64851031

Published

the right to inspect corporate records under section 607.1602(2), Florida Statutes (2006). A shareholder

Delaney v. Santafe Healthcare, Inc.

741 So. 2d 595, 1999 Fla. App. LEXIS 12032, 1999 WL 718476

District Court of Appeal of Florida | Filed: Sep 9, 1999 | Docket: 64791076

Published

corporations in sections 607.1602(9) and 617.1602(7). Section 607.1602(9), pertaining to for-profit corporations

Lewis v. Conroy, Simberg & Gannon, P.A.

705 So. 2d 1073, 1998 Fla. App. LEXIS 1833, 1998 WL 75060

District Court of Appeal of Florida | Filed: Feb 25, 1998 | Docket: 64778860

Published

corporate and accounting records pursuant to section 607.1602, Florida Statutes (1997), which was stayed

Ottolina v. Miller Lakes Associates

717 So. 2d 550, 1998 Fla. App. LEXIS 1366, 1998 WL 65310

District Court of Appeal of Florida | Filed: Feb 18, 1998 | Docket: 64782787

Published

motion to inspect corporate records under section 607.1602, Florida Statutes (1993). We reverse the order

Nu Med Home Health Care, Inc. v. Hospital Staffing Services Inc.

664 So. 2d 353, 1995 Fla. App. LEXIS 13021, 1995 WL 749618

District Court of Appeal of Florida | Filed: Dec 20, 1995 | Docket: 64760647

Published

books and records of the corporation under section 607.1602(2), Florida Statutes (1998). There is nothing