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The Florida Senate

2007 Florida Statutes

SECTION 418
Transfer of funds and property upon dissolution.
Section 339.418, Florida Statutes 2007

339.418  Transfer of funds and property upon dissolution.--Whenever dissolution occurs, whether instituted by the department or by the board of directors of the corporation, the dissolution proceedings shall transfer the title to all funds and properties then owned by the corporation to the department.

History.--s. 18, ch. 88-271.