Florida Statute 621.11 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 621
PROFESSIONAL SERVICE CORPORATIONS AND LIMITED LIABILITY COMPANIES

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F.S. 621.11

621.11 Alienation of shares and ownership interests; restrictions.—

(1) No shareholder of a corporation organized under this act may sell or transfer her or his shares in such corporation except to another professional corporation, professional limited liability company, or individual, each of which must be eligible to be a shareholder of such corporation.

(2) No member of a limited liability company organized under this act may sell or transfer ownership interest in the limited liability company except to another professional corporation, professional limited liability company, or individual, each of which must be eligible to be a member of the limited liability company.

History.—s. 11, ch. 61-64; s. 3, ch. 67-590; s. 12, ch. 93-110; s. 85, ch. 93-284; s. 171, ch. 97-102.

F.S. 621.11 on Google Scholar

F.S. 621.11 on Casetext

Amendments to 621.11

Arrestable Offenses / Crimes under Fla. Stat. 621.11

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 621.11.

Annotations, Discussions, Cases:

Cases Citing Statute 621.11

Total Results: 8

L.S. v. Dep't of Children & Families

Court: Fla. Dist. Ct. App. | Date Filed: 2019-06-25T00:00:00-07:00

Citation: 274 So. 3d 556

Snippet: to Mother's custody. See §§ 39.522(3), 39.621(11), Fla. Stat. (2018) ; K.C. v. Dep't of Child

L.S. v. Dep't of Children & Families

Court: Fla. Dist. Ct. App. | Date Filed: 2019-06-25T00:00:00-07:00

Citation: 274 So. 3d 556

Snippet: to Mother's custody. See §§ 39.522(3), 39.621(11), Fla. Stat. (2018) ; K.C. v. Dep't of Child

Sharlow v. Freed

Court: Fla. Dist. Ct. App. | Date Filed: 1986-11-13T00:00:00-08:00

Citation: 501 So. 2d 621, 11 Fla. L. Weekly 2375, 1986 Fla. App. LEXIS 10541

Snippet: Orfinger, Upchurch 13 November 1986 501 So. 2d 621, 11 Fla. L. Weekly 2375, 1986 Fla. App. LEXIS 10541

Florida Insurance Guaranty Ass'n v. Trawick

Court: Fla. Dist. Ct. App. | Date Filed: 1986-07-25T00:00:00-07:00

Citation: 491 So. 2d 621, 11 Fla. L. Weekly 1615, 1986 Fla. App. LEXIS 9059

Snippet: Barfield, Smith, Wentworth 25 July 1986 491 So. 2d 621, 11 Fla. L. Weekly 1615, 1986 Fla. App. LEXIS 9059

Adkinson v. Municipal Recall Committee of June 7, 1985

Court: Fla. Dist. Ct. App. | Date Filed: 1986-05-13T00:00:00-07:00

Citation: 488 So. 2d 621, 11 Fla. L. Weekly 1104, 1986 Fla. App. LEXIS 7782

Snippet: Booth, Shivers, Wigginton 13 May 1986 488 So. 2d 621, 11 Fla. L. Weekly 1104, 1986 Fla. App. LEXIS 7782

CORLETT, KILLIAN, HARDEMAN v. Merritt

Court: Fla. Dist. Ct. App. | Date Filed: 1985-12-02T23:53:00-08:00

Citation: 478 So. 2d 828

Snippet: and such corporation." Sections 621.09 and 621.11 provide, respectively, that capital stock of professional…U.Miami L.Rev. 1 (1961). The shortcomings of Section 621.11, Florida Statutes (1961), were pinpointed as (1… his stock to that person. Id. at 9-10. Section 621.11 now reads: " No shareholder of a corporation…shareholder approval is no longer required by Section 621.11 as a condition precedent to a shareholder'

Street v. Sugerman

Court: Fla. | Date Filed: 1967-09-27T00:53:00-07:00

Citation: 202 So. 2d 749

Snippet: corporation. (See F.S. § 621.09, F.S.A. and F.S. § 621.11, F.S.A.) There is no doubt but that the statute

Sugerman v. Street

Court: Fla. Dist. Ct. App. | Date Filed: 1967-04-18T00:00:00-08:00

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

Snippet: voted or counted for any purpose. * * * ” Section 621.11, Florida Statutes, F.S.A. (Emphasis supplied) ‡…prevent a sale of the stock, except under Section 621.11, Florida Statutes, F.S.A., stating that the shares