CopyCited 8 times | Published | Florida 3rd District Court of Appeal
...relationship in the unique setting of rendering professional services or deal with the transferability of stock, none mandates or even suggests that a professional service corporation has an obligation to redeem a terminated employee's stock. Thus, Section 621.06 requires that only duly licensed or otherwise legally authorized persons render professional services, but expressly disavows that the right to be a shareholder "is dependent upon the *830 present or future existence of an employment r...
...s is limited to financial and corporate records and will not include client files. The argument that a professional service corporation cannot engage in the practice of law except through its officers, agents and employees is, of course, answered by Section 621.06, which provides that one need not be an employee to be a shareholder....
...rney-stockholders. I cannot agree with such a result. First, I think a professional service corporation which renders legal services is under a legal obligation to purchase the stock of its resigning attorney-stockholders, else it is in violation of Section 621.06, Florida Statutes (1983), of the Professional Service Corporation Act, which prohibits such a corporation from rendering professional services "except through its officers, employees and agents who are duly licensed or otherwise legally authorized to render such professional services within this state......
...r to sell or exchange all or substantially all of its assets; and Section 607.274 empowers the circuit courts to liquidate the assets and business of a corporation in certain limited instances. [5] A plausible explanation for the addition in 1967 of Section 621.06, see Ch....
CopyCited 7 times | Published | Florida 1st District Court of Appeal | 15 A.L.R. 3d 725
..., secretaries, bookkeepers, technicians and other assistants who are not usually and ordinarily considered by custom and practice to be rendering professional services to the public for which a license or other legal authorization is required" (F.S. § 621.06, F.S.A.)....
CopyCited 5 times | Published | United States Bankruptcy Court, M.D. Florida | 9 Fla. L. Weekly Fed. B 277, 1995 Bankr. LEXIS 1924, 1995 WL 787921
...ntitled to receive the payment of the redemption proceeds provided for by the restriction. The restriction of a transfer of a stock in question is also dealt with by Fla.Stat. 621 which specifically regulates professional service corporations, thus, § 621.06 requires that only duly licenses or otherwise legally authorized persons may render professional services....
