Florida Approval of Restricted Share Plan for Directors with Copy of Plan

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Multi-State
Control #:
US-CC-14-187E
Format:
Word; 
Rich Text
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Description

This is an Approval of a Restricted Share Plan for Directors, to be used across the United States. This form restricts, or limits, a share plan for all Directors of a corporation. It should be modified to fit your particular needs.
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  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan
  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan
  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan
  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan
  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan
  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan
  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan
  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan
  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan
  • Preview Approval of Restricted Share Plan for Directors with Copy of Plan

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FAQ

607.01401 Definitions. ?As used in this chapter, unless the context otherwise requires, the term: (1) ?Acquired eligible entity? means the domestic or foreign eligible entity that will have all of one or more classes or series of its shares or eligible interests acquired in a share exchange.

(1) A corporation's board of directors may propose one or more amendments to the articles of incorporation for submission to the shareholders. (b) The shareholders entitled to vote on the amendment must approve the amendment as provided in subsection (5).

Florida Statute 893.135(1)(a) ? Trafficking Cannabis This paragraph applies when a person sells, purchases, manufactures, delivers, brings into Florida, or possesses more than 25 pounds of cannabis or more than 300 cannabis plants.

In Florida, a corporation is only required to have at least one director, however you are permitted to have more.

720.303 Association powers and duties; meetings of board; official records; budgets; financial reporting. (1) POWERS AND DUTIES. --An association which operates a community as defined in s. 720.301, must be operated by an association that is a Florida corporation.

"Control share acquisition" means the direct or indirect acquisition, other than in an excepted acquisition, by any person of beneficial ownership of shares of a public corporation that, except for this article, would have voting rights and would, when added to all other shares of such public corporation which then ...

(a) As used in this section, ?control-share acquisition? means the acquisition, directly or indirectly, by any person of ownership of, or the power to direct the exercise of voting power with respect to, issued and outstanding control shares.

Section 607.0821 - Action by directors without a meeting (1) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this chapter to be taken at a board of directors' meeting or committee meeting may be taken without a meeting if the action is taken by all members of the board ...

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Florida Approval of Restricted Share Plan for Directors with Copy of Plan