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2010 Florida Statutes
Shares held by nominees.
Shares held by nominees.
—A corporation may establish a procedure by which the beneficial owner of shares that are registered in the name of a nominee is recognized by the corporation as the shareholder. The extent of this recognition may be determined in the procedure.
The procedure may set forth:
The types of nominees to which it applies;
The rights or privileges that the corporation recognizes in a beneficial owner;
The manner in which the procedure is selected by the nominee;
The information that must be provided when the procedure is selected;
The period for which selection of the procedure is effective; and
Other aspects of the rights and duties created.
s. 59, ch. 89-154.