Florida § 663.311 Shares of stock

Florida Statutes

§ 663.311 — Shares of stock

Florida § 663.311

TitleXXXVIII

Ch. 663INTERNATIONAL BANKING

This text of Florida § 663.311 (Shares of stock) 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. § 663.311 (2026).

Text

(1)An international development bank shall issue capital stock with par value of not more than $1 per share.

(2)No international development bank shall issue any shares of capital stock before they are fully paid.

(3)With the approval of the office, an international development bank may issue less than all of the number of shares of capital stock authorized by its articles of incorporation; provided that such authorized but unissued shares may be issued only to increase the capital of the international development bank with the approval of the office.

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(1) An international development bank shall issue capital stock with par value of not more than $1 per share.

(2) No international development bank shall issue any shares of capital stock before they are fully paid.

(3) With the approval of the office, an international development bank may issue less than all of the number of shares of capital stock authorized by its articles of incorporation; provided that such authorized but unissued shares may be issued only to increase the capital of the international development bank with the approval of the office.