Florida Senate - 2020 COMMITTEE AMENDMENT
Bill No. SB 838
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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: