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The Florida Senate

2006 Florida Statutes

Requirement for and duties of board of directors.
Section 607.0801, Florida Statutes 2006

607.0801  Requirement for and duties of board of directors.--

(1)  Except as provided in s. 607.0732(1), each corporation must have a board of directors.

(2)  All corporate powers shall be exercised by or under the authority of, and the business and affairs of the corporation managed under the direction of, its board of directors, subject to any limitation set forth in the articles of incorporation or in an agreement authorized under s. 607.0732

History.--s. 68, ch. 89-154; s. 21, ch. 93-281.