617.0801

Duties of board of directors.

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617.0801 Duties of board of directors.All corporate powers must be exercised by or under the authority of, and the affairs of the corporation managed under the direction of, its board of directors, subject to any limitation set forth in the articles of incorporation.
History.s. 38, ch. 90-179; s. 25, ch. 2009-205.
Notes of Decisions
Cited in 1 case, 1993–1993 · leading case: State v. Justice
State v. Justice (1993) fladistctapp · cites it 2× “Accordingly, in this case the board had apparent authority to consent to the search of the corporate offices and to the seizure of corporate records, and the police reasonably relied upon such apparent authority.”
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