Florida Statute 616.051 - Full Text and Legal Analysis

616.051 Dissolving a charter.—A fair association may dissolve its charter by resolution as provided in its charter or bylaws. The proposal for dissolving the charter shall be submitted to the department for approval. Upon approval and publication of notice and proof that all indebtedness has been paid and no claims are outstanding against the association, the circuit judge may, by decree, dissolve the association and order its remaining public funds to be distributed as recommended by the board of directors.

History.—s. 1, ch. 29914, 1955; s. 2, ch. 81-318; ss. 8, 25, 26, ch. 83-239; ss. 7, 44, ch. 93-168; s. 6, ch. 2012-204.

Cases Citing F.S. 616.051

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South Florida Fair & Palm Beach Cnty. Expositions, Inc v. Widley Joseph, 256 So. 3d 875 (Fla. 4th DCA 2018).
Published | Florida 4th District Court of Appeal
...To receive a charter, the proposed fair association must apply to the circuit court in the jurisdiction for approval after compliance with the application requirements. § 616.03, Fla. Stat. Section 616.05 governs the amendment of a fair association charter, and section 616.051 governs the dissolution of a fair association which requires approval by both the Department of Agriculture and the circuit court. Once a fair association is created, the statute controls its core purpose and activities....

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Cases Citing F.S. 616.051

South Florida Fair & Palm Beach Cnty. Expositions, Inc v. Widley Joseph, 256 So. 3d 875 (Fla. 4th DCA 2018).