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1999 Florida Statutes
SECTION 02
Forfeiture of charter.
Forfeiture of charter.
544.02 Forfeiture of charter.--Any corporation chartered under the laws of this state, which shall violate any of the provisions of s. 544.01, shall forfeit its charter and franchises, and its corporate existence shall thereupon cease. Every foreign corporation which shall violate any of the provisions of s. 544.01 is prohibited from doing business in this state. The Department of Legal Affairs shall enforce this provision by due process of law.
History.--s. 2, ch. 4534, 1897; GS 3161; RGS 4987; CGL 7076; ss. 11, 35, ch. 69-106.