Florida Senate - 2020                        COMMITTEE AMENDMENT
       Bill No. SB 838
       
       
       
       
       
       
                                Ì281600iÎ281600                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  01/15/2020           .                                
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       The Committee on Commerce and Tourism (Simmons) recommended the
       following:
       
    1         Senate Amendment (with directory amendment)
    2  
    3         Between lines 648 and 649
    4  insert:
    5         (5) Unless this chapter, the articles of incorporation, or
    6  the board of directors, acting pursuant to subsection (3),
    7  requires a greater vote or a greater quorum, the approval of the
    8  amendment requires the approval of the shareholders at a meeting
    9  at which a quorum exists consisting of at least a majority of
   10  the shares entitled to be cast on the amendment exists, and, if
   11  any class or series of shares is entitled to vote as a separate
   12  group on the amendment, except as provided in s. 607.1004(3),
   13  the approval of each such separate voting group at a meeting at
   14  which a quorum of the voting group exists consisting of at least
   15  a majority of the votes entitled to be cast on the amendment by
   16  that voting group.
   17  
   18  ====== D I R E C T O R Y  C L A U S E  A M E N D M E N T ======
   19  And the directory clause is amended as follows:
   20         Delete lines 631 - 632
   21  and insert:
   22         Section 28. Paragraph (a) of subsection (2) and subsections
   23  (4) and (5) of section 607.1003, Florida Statutes, are amended
   24  to read: