618.14 – Removal of Officers and Directors.
618.14 Removal of officers and directors.— (1) Any member may bring charges against an officer or director by filing them in writing with the secretary of the association, together with a petition signed by 10 percent of the members, requesting the removal of the officer or director in question. The removal shall be voted upon at the […]
618.15 – Capital Stock and Membership.
618.15 Capital stock and membership.— (1) When a member of an association organized without capital stock has paid his or her membership fee in full the member shall receive a certificate of membership. An association may issue its shares of stock having no par value from time to time for such consideration as may be fixed by […]
618.16 – Referendum Upon Certain Motions.
618.16 Referendum upon certain motions.—Upon demand of one-third of the entire board of directors made immediately and so recorded at the same meeting at which the original motion was passed any matter that has been approved or passed by the board must be referred to the entire membership or the stockholders for decision at the next […]
618.01 – Definitions.
618.01 Definitions.—In construing this chapter, where the context permits, the word, phrase, or term: (1) “Agricultural products” shall include aquacultural, horticultural, viticultural, forestry, aquatic, dairy, livestock, poultry, bee, and any farm products. (2) “Member” shall include actual members of associations without capital stock and holders of common stock in associations organized with capital stock. (3) “Association” means any corporation […]
618.02 – Who May Organize Association.
618.02 Who may organize association.—Three or more persons engaged in the production of any agricultural products, or three or more associations, may form a nonprofit cooperative association under the provisions of this chapter. History.—s. 3, ch. 9300, 1923; CGL 6468; s. 3, ch. 14675, 1931.
618.03 – Preliminary Investigation.
618.03 Preliminary investigation.—Every group of persons contemplating the organization of an association under this chapter is urged to communicate with the Department of Agriculture and Consumer Services, which will inform it whatever a survey of the marketing conditions affecting the commodities to be handled by the proposed association indicates regarding probable success. History.—s. 5, ch. 9300, […]
618.04 – Articles of Incorporation; Fees.
618.04 Articles of incorporation; fees.—Each association organized under this chapter shall prepare and file articles of incorporation setting forth: (1) The name of the association, which may or may not include the word “cooperative” or any abbreviation thereof; (2) The purpose for which it is formed; (3) The place where its principal office within the state will be located; […]
618.05 – Amendment of Articles of Incorporation.
618.05 Amendment of articles of incorporation.—The articles of incorporation may be altered or amended at any regular meeting or any special meeting called for the purpose. An amendment must first be approved by two-thirds of the directors and then adopted by a vote representing a majority of a quorum of the members attending a meeting of […]
618.06 – Purposes of Incorporation.
618.06 Purposes of incorporation.—An association may be organized under this chapter for the purpose of engaging in any cooperative activity in connection with the producing, marketing, or selling of agricultural products; or with the growing, harvesting, preserving, drying, processing, canning, packing, grading, storing, warehousing, handling, shipping, or utilizing such products; or the manufacturing or marketing of […]