Florida Senate - 2005 COMMITTEE AMENDMENT
Bill No. SB 1056
Barcode 241584
CHAMBER ACTION
Senate House
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11 The Committee on Judiciary (Aronberg) recommended the
12 following amendment:
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14 Senate Amendment (with title amendment)
15 On page 204, between lines 26 and 27,
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17 insert: Section 22. Subsection (7) of section 607.11101,
18 Florida Statutes, is amended to read:
19 607.11101 Effect of merger of domestic corporation and
20 other business entity.--When a merger becomes effective:
21 (7) The shares, partnership interests, interests,
22 obligations, or other securities, and the rights to acquire
23 shares, partnership interests, interests, obligations, or
24 other securities, of each domestic corporation and other
25 business entity that is a party to the merger shall be
26 converted into shares, partnership interests, interests,
27 obligations, or other securities, or rights to such
28 securities, of the surviving entity or any other domestic
29 corporation or other business entity or, in whole or in part,
30 into cash or other property as provided in the plan of merger,
31 and the former holders of shares, partnership interests,
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1:54 PM 03/29/05 s1056.ju27.006
Florida Senate - 2005 COMMITTEE AMENDMENT
Bill No. SB 1056
Barcode 241584
1 interests, obligations, or other securities, or rights to such
2 securities, shall be entitled only to the rights provided in
3 the plan of merger and to their appraisal rights, if any,
4 under ss. 607.1301-607.1333, ss. 608.4351-608.43595, ss.
5 620.2114-620.2124, s. 608.4384, s. 620.205, or other
6 applicable law.
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8 (Redesignate subsequent sections.)
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11 ================ T I T L E A M E N D M E N T ===============
12 And the title is amended as follows:
13 On page 10, line 3, after the semicolon,
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15 insert: amending s. 607.11101, F.S.; conforming statutory
16 cross-references;
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