§ 663.312, Fla. Stat. · Part II. INTERNATIONAL DEVELOPMENT BANKS
Changes in capital.
Text — 2026 Florida Statutes
(1) No international development bank shall reduce its outstanding capital stock without first obtaining the approval of the office, and such approval shall be withheld if the reduction would cause the outstanding capital stock to be less than the minimum required pursuant to s. 663.306(2) or if the reduction would cause the international development bank’s capital accounts to be less than the minimum required by s. 663.316(2).
(2) An international development bank may, with the approval of the office, provide for an increase in its capital.
Notes and commentary — not statutory text
History
ss. 1, 5, ch. 86-82; s. 1, ch. 91-307; s. 1, ch. 92-303; s. 1853, 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
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- sha256 b4ac4d5e0665b6683657579a1144cf967edc197e186fcd7e9ffccf99f736aafa
- 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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