The 2023 Florida Statutes (including Special Session C)

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 619
NONPROFIT COOPERATIVE ASSOCIATIONS

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F.S. 619.03

619.03 Prohibitions; membership; assignment.—Such associations shall not have a capital stock, and its business shall not be carried on for profit. Any person, or any number of persons, in addition to the original incorporators, may become members of such association, upon such terms and conditions as to membership and subject to such rules and regulations as to their, and each of their, contract and other rights and liabilities between it and the member, as the said association shall provide in its bylaws. The association shall issue a certificate of membership to each member but the said membership, or the said certificate thereof, shall not be assigned by a member to any other person, nor shall the assigns thereof be entitled to membership in the association or to any property rights or interest therein. Nor shall a purchaser at execution sale, or any other person who may succeed, by operation of law or otherwise, to the property interests of a member, be entitled to membership or become a member of the association by virtue of such transfer. The board of directors may, however, by motion duly adopted by it, consent to such assignment or transfer and to the acceptance of the assignee or transferee as a member of the association, but the association may, by its bylaws, provide for or against the transfer of membership and for or against the assignment of membership certificates, and also the terms and conditions upon which any such transfer or assignment shall be allowed.

History.—s. 2, ch. 5958, 1909; RGS 4511; CGL 6510.

F.S. 619.03 on Google Scholar

F.S. 619.03 on Casetext

Amendments to 619.03

Arrestable Offenses / Crimes under Fla. Stat. 619.03

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 619.03.

Annotations, Discussions, Cases:

Cases from cite.case.law:

v., 136 T.C. 515 (T.C. 2011)

. . . Vet Clinic 7/28/04 Credit card statement 477.00 429.30 Pet Vet Pet Food 9/21/04 Check No. 1428 687.81 619.03 . . .

PITTMAN, H. H. v. GROVEOWNERS COOPERATIVE OF LOXAHATCHEE, INC., 534 So. 2d 1207 (Fla. Dist. Ct. App. 1988)

. . . Section 619.03, Florida Statutes (1987) provides: Such associations shall not have a capital stock, and . . .

M. PETROWSKI v. HAWKEYE- SECURITY INSURANCE COMPANY, 226 F.2d 126 (7th Cir. 1955)

. . . Judgments against Gelhar totalled $45,-619.03 in addition to which he incurred $2,490.22 for attorneys . . .

UNITED STATES v. FULLER, 42 F.2d 471 (E.D. Pa. 1930)

. . . return for the year 1918 showing a total net income of $104,-131.19 and corrected tax liability of $25,-619.03 . . .