§ 663.311, Fla. Stat. · Part II. INTERNATIONAL DEVELOPMENT BANKS
Shares of stock.
Text — 2026 Florida Statutes
(1) An international development bank shall issue capital stock with par value of not more than $1 per share.
(2) No international development bank shall issue any shares of capital stock before they are fully paid.
(3) With the approval of the office, an international development bank may issue less than all of the number of shares of capital stock authorized by its articles of incorporation; provided that such authorized but unissued shares may be issued only to increase the capital of the international development bank with the approval of the office.
Notes and commentary — not statutory text
History
ss. 1, 5, ch. 86-82; s. 1, ch. 91-307; s. 1, ch. 92-303; s. 1852, ch. 2003-261.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0663/0663.html
- Text hash
- sha256 9590c00566b66eac2cf868e7957e043e1a071d6be1f19e89556eafa342c69ac2
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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