Florida § 607.1340 Other remedies limited

Florida Statutes

§ 607.1340 — Other remedies limited

Florida § 607.1340

TitleXXXVI

Ch. 607FLORIDA BUSINESS CORPORATION ACT

This text of Florida § 607.1340 (Other remedies limited) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 607.1340 (2026).

Text

(1)A shareholder entitled to appraisal rights under this chapter may not challenge a completed corporate action for which appraisal rights are available unless such corporate action was either:

(a)Not authorized and approved in accordance with the applicable provisions of this chapter; or (b) Procured as a result of fraud, a material misrepresentation, or an omission of a material fact necessary to make statements made, in light of the circumstances in which they were made, not misleading.

(2)Nothing in this section operates to override or supersede the provisions of s. 607.0832.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) A shareholder entitled to appraisal rights under this chapter may not challenge a completed corporate action for which appraisal rights are available unless such corporate action was either: (a) Not authorized and approved in accordance with the applicable provisions of this chapter; or (b) Procured as a result of fraud, a material misrepresentation, or an omission of a material fact necessary to make statements made, in light of the circumstances in which they were made, not misleading.

(2) Nothing in this section operates to override or supersede the provisions of s. 607.0832.