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The 2000 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS
Chapter 607
Corporations
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Section 607.0726, Florida Statutes 2000

607.0726  Action by single and multiple voting groups.--

(1)  If the articles of incorporation or this act provides for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in s. 607.0725.

(2)  If the articles of incorporation or this act provides for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in s. 607.0725. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.

History.--s. 62, ch. 89-154.