Florida § 617.1431 - Procedure for judicial dissolution.
Full text of Florida Florida Statutes § 617.1431 — Procedure for judicial dissolution., with citation guidance and answers to common questions.
§ 617.1431. Procedure for judicial dissolution.
(1) Venue for a proceeding brought under s. 617.1430 lies in the circuit court of the applicable county. (2) It is not necessary to make members or directors parties to a proceeding to dissolve a corporation unless relief is sought against them individually. (3) A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver or custodian during the proceeding with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located, and carry on the affairs of the corporation until a full hearing can be held. (4) If the court determines that any party has commenced, continued, or participated in a proceeding under s. 617.1430, and has acted arbitrarily, frivolously, vexatiously, or in bad faith, the court may award reasonable attorney fees and costs to the other parties to the proceeding who have been affected adversely by such actions.
Frequently Asked Questions About Florida § 617.1431
What does Florida Statutes § 617.1431 cover?
Section 617.1431 ("Procedure for judicial dissolution.") 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 § 617.1431?
A common citation format is "Florida Statutes § 617.1431" (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 § 617.1431 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.