Florida Senate - 2009                                     SB 382
       
       
       
       By Senator Bennett
       
       
       
       
       21-00430-09                                            2009382__
    1                        A bill to be entitled                      
    2         An act relating to corporations; amending s. 617.0802,
    3         F.S.; providing an exception to the required minimum
    4         age of a member of the board of directors for certain
    5         corporations; amending s. 617.0824, F.S.; prohibiting
    6         certain directors from being counted toward a quorum;
    7         providing an effective date.
    8         
    9  Be It Enacted by the Legislature of the State of Florida:
   10         
   11         Section 1. Subsection (1) of section 617.0802, Florida
   12  Statutes, is amended to read:
   13         617.0802 Qualifications of directors.—
   14         (1) Directors must be natural persons who are 18 years of
   15  age or older but need not be residents of this state or members
   16  of the corporation unless the articles of incorporation or
   17  bylaws so require. For corporations organized according to the
   18  provisions of s. 501(c)(3) of the Internal Revenue Code of 1986,
   19  as amended, one director may be 15 years of age or older if so
   20  permitted in the articles of incorporation or bylaws or by
   21  resolution of the board of directors. The articles of
   22  incorporation or the bylaws may prescribe additional
   23  qualifications for directors.
   24         Section 2. Subsection (1) of section 617.0824, Florida
   25  Statutes, is amended to read:
   26         617.0824 Quorum and voting.—
   27         (1) Unless the articles of incorporation or the bylaws
   28  require a different number, a quorum of a board of directors
   29  consists of a majority of the number of directors prescribed by
   30  the articles of incorporation or the bylaws. Directors younger
   31  than 18 years of age may not be counted toward a quorum.
   32         Section 3. This act shall take effect upon becoming a law.