Florida § 607.1020 - Amendment of bylaws by board of directors or shareholders.
Full text of Florida Florida Statutes § 607.1020 — Amendment of bylaws by board of directors or shareholders., with citation guidance and answers to common questions.
§ 607.1020. Amendment of bylaws by board of directors or shareholders.
(1) A corporation’s board of directors may amend or repeal the corporation’s bylaws unless: (a) The articles of incorporation or this chapter reserves that power exclusively to the shareholders in whole or in part; or (b) Except as provided in s. 607.0206(5), the shareholders, in amending, repealing, or adopting the bylaws generally or a particular bylaw provision, expressly provide that the board of directors may not amend, repeal, adopt, or reinstate the bylaws generally or that particular bylaw provision. (2) A corporation’s shareholders may amend or repeal the corporation’s bylaws even though the bylaws may also be amended or repealed by its board of directors. (3) A shareholder does not have a vested property right resulting from any provision in the bylaws.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 607.1020
What does Florida Statutes § 607.1020 cover?
Section 607.1020 ("Amendment of bylaws by board of directors or shareholders.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 607.1020?
A common citation format is "Florida Statutes § 607.1020" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 607.1020 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.