Florida Statute 621.09 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 621
PROFESSIONAL SERVICE CORPORATIONS AND LIMITED LIABILITY COMPANIES

View Entire Chapter

F.S. 621.09

621.09 Limitation on issuance and transfer of ownership.—

(1) No corporation organized under the provisions of this act may issue any of its capital stock to anyone other than a professional corporation, a professional limited liability company, or an individual who is duly licensed or otherwise legally authorized to render the same specific professional services as those for which the corporation was incorporated. No shareholder of a corporation organized under this act shall enter into a voting trust agreement or any other type agreement vesting another person with the authority to exercise the voting power of any or all of that person’s stock.

(2) No person shall be admitted as a member of a limited liability company organized under this act, unless such person is a professional corporation, a professional limited liability company, or an individual, each of which must be duly licensed or otherwise legally authorized to render the same specific professional services as those for which the limited liability company is organized. No member of a limited liability company organized under this act shall enter into any type of agreement vesting another person with the authority to exercise any of that member’s voting power in the limited liability company.

History.—s. 9, ch. 61-64; s. 10, ch. 93-110; s. 83, ch. 93-284.

F.S. 621.09 on Google Scholar

F.S. 621.09 on Casetext

Amendments to 621.09

Arrestable Offenses / Crimes under Fla. Stat. 621.09

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 621.09.

Annotations, Discussions, Cases:

Cases Citing Statute 621.09

Total Results: 16

J.B. Harris, P.A. v. Virage Capital Management LP

Court: District Court of Appeal of Florida | Date Filed: 2024-11-27

Snippet: § 9, Ch. 61-64, Laws of Fla. (1961). Compare § 621.09(1), Fla. Stat. (2024). No shareholder of

M.M., etc. v. Florida Department of Children and Families

Court: Supreme Court of Florida | Date Filed: 2016-04-14

Citation: 189 So. 3d 134, 41 Fla. L. Weekly Supp. 141, 2016 WL 1458817, 2016 Fla. LEXIS 784

Snippet: compatible with section 39.621(9), Florida Statutes. Specifically, section 39.621(9) provides that the court

M.M. v. Department of Children & Family Services

Court: District Court of Appeal of Florida | Date Filed: 2015-07-01

Citation: 170 So. 3d 840, 2015 Fla. App. LEXIS 9933, 2015 WL 4077501

Snippet: children solely to their discretion. Section 39.621(9) of the Florida Statutes affords the father the

A.A. v. Department of Children & Families

Court: District Court of Appeal of Florida | Date Filed: 2014-09-10

Citation: 147 So. 3d 621, 2014 Fla. App. LEXIS 14107

Snippet: Once a permanency order is in place, section 39.621(9), Florida Statutes (2014), places the burden on

A.H. v. Department of Children & Families

Court: District Court of Appeal of Florida | Date Filed: 2014-08-12

Citation: 144 So. 3d 662, 2014 WL 3906860, 2014 Fla. App. LEXIS 12387

Snippet: guardian ad litem’s recommendation. Id.) see also § 39.621(9)-(10), Fla. Stat. (2013). In the present case, the

A.M. v. Department of Children & Families

Court: District Court of Appeal of Florida | Date Filed: 2013-08-19

Citation: 118 So. 3d 998, 2013 WL 4413753, 2013 Fla. App. LEXIS 12964

Snippet: are] not endangered by the modification.” § 39.621(9), Fla. Stat. Finally, if statutory deficiencies

State, Department of Children & Families v. Interest of B.D.

Court: District Court of Appeal of Florida | Date Filed: 2012-12-10

Citation: 102 So. 3d 707, 2012 Fla. App. LEXIS 21206, 2012 WL 6097979

Snippet: evidentiary hearing, the Department cited section 39.621(9), Florida Statutes (2011), which states: The permanency

FE v. Department of Children and Families

Court: District Court of Appeal of Florida | Date Filed: 2009-01-14

Citation: 1 So. 3d 305, 2009 Fla. App. LEXIS 188, 2009 WL 80429

Snippet: elimination of any restrictions under section 39.621(9), Florida Statutes (2008).[2] Certiorari denied;

In the Interest of Jd

Court: District Court of Appeal of Florida | Date Filed: 2008-01-18

Citation: 972 So. 2d 290, 2008 WL 161308

Snippet: essentially terminates his parental rights. See § 39.621(9), Fla. Stat. (2006) ("The permanency placement is

JM v. Department of Children and Families

Court: District Court of Appeal of Florida | Date Filed: 2007-11-16

Citation: 969 So. 2d 491, 2007 WL 3407778

Snippet: section 39.622 was repealed. Newly enacted section 39.621(9) provides that a permanent placement is not to be

L.R. v. J.F.

Court: District Court of Appeal of Florida | Date Filed: 2007-07-05

Citation: 960 So. 2d 836, 2007 Fla. App. LEXIS 10375

Snippet: T.F. In 2006, the legislature added section 39.621(9). It provides: (9) The permanency placement is intended

Lr v. Jf

Court: District Court of Appeal of Florida | Date Filed: 2007-07-05

Citation: 960 So. 2d 836, 2007 WL 1932032

Snippet: T.F. In 2006, the legislature added section 39.621(9). It provides: (9) The permanency placement is intended

Brock v. Brock

Court: District Court of Appeal of Florida | Date Filed: 1997-03-05

Citation: 695 So. 2d 744, 1997 WL 91453

Snippet: husband had claimed a net monthly income of $3,621.09 in a financial affidavit filed in January 1994

CORLETT, KILLIAN, HARDEMAN v. Merritt

Court: District Court of Appeal of Florida | Date Filed: 1985-12-03

Citation: 478 So. 2d 828

Snippet: [the shareholder] and such corporation." Sections 621.09 and 621.11 provide, respectively, that capital

Street v. Sugerman

Court: Supreme Court of Florida | Date Filed: 1967-09-27

Citation: 202 So. 2d 749

Snippet: a shareholder of such corporation. (See F.S. § 621.09, F.S.A. and F.S. § 621.11, F.S.A.) There is no

Sugerman v. Street

Court: District Court of Appeal of Florida | Date Filed: 1967-04-18

Citation: 198 So. 2d 57, 1967 Fla. App. LEXIS 4732

Snippet: voting power of any or all of his stock.” Section 621.09, Florida Statutes, F.S.A. (Emphasis supplied) %