Standing. — Florida Code § 607.0741
Florida Code § 607.0741 — Standing.. Reproduced from the official Florida Statutes, with a citation summary, verification link, and related provisions.
§ 607.0741. Standing.
(1) A shareholder may not commence a derivative proceeding unless the shareholder is a shareholder at the time the action is commenced and: (a) Was a shareholder when the conduct giving rise to the action occurred; or (b) Whose status as a shareholder devolved on the person through transfer or by operation of law from one who was a shareholder when the conduct giving rise to the action occurred. (2) In ss. 607.0741-607.0747, the term “shareholder” means a record shareholder, a beneficial shareholder, or an unrestricted voting trust beneficial owner.
Source: official Florida text · Last verified 2026-08-27
At a glance
- Citation: Florida Statutes § 607.0741
- Jurisdiction: Florida
- Code: Florida Statutes
- Subject: Standing.
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Florida Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Florida attorney.
Common questions
What is the source of Florida Statutes § 607.0741?
The text above is transcribed from the Florida Statutes, the codified statutes of Florida. The official publisher link appears under "Verify the text" on this page.
What subject does Florida Statutes § 607.0741 address?
It addresses "Standing.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Florida Statutes § 607.0741 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Florida source before relying on this text.
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No. This is a reference transcription for research. Applying Florida law to your facts requires a licensed Florida attorney who can review the specifics.