Florida Statutes
Fla. Stat. § 817.20 (2025)
Issuing stock or obligation of corporation beyond authorized amount.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
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817.20 Issuing stock or obligation of corporation beyond authorized amount.—Any officer, agent, clerk or servant of a corporation, or any other person, who issues, or signs with intent to issue, any certificate of stock in a corporation, or who issues, signs or endorses with intent to issue any bond, note, bill or other obligation or security in the name of such corporation, beyond the amount authorized by law, or limited by the legal votes of such corporation or its proper officers; or negotiates, transfers or disposes of such certificate, with intent to defraud, shall be guilty of a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.
Arrestable Offenses under F.S. 817.20
M = misdemeanor · F = felony · degree: F=1st S=2nd T=3rd§817.20FRAUDISSUE CORPORATE STOCK OVER AUTHORIZED AMOUNT
Notes of Decisions
Cited in 1
case (1 in the last 5 years), 2021–2021 · leading case: Kevin Harris v. James F. Jayo, 3 F.4th 1339 (11th Cir. 2021).
Kevin Harris v. James F. Jayo, 3 F.4th 1339 (11th Cir. 2021). “15 , and issuing certificates of stock for the two companies beyond the amount authorized by law in violation of Fla. Stat. § 817.20 . For each of those claims, Mr.”
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