West Palm Beach, FL asked in Business Law for Florida

Q: Proxy statements are provided to shareholders by a corporation before a shareholders meeting or any other vote by...

Proxy statements are provided to shareholders by a corporation before a shareholders meeting or any other vote by shareholders on a corporate matter. True/False ?

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1 Lawyer Answer
Fred Koberlein
Fred Koberlein
  • Lake City, FL
  • Licensed in Florida

A: Your question asks the reader to determine whether your statement of a facts is actually true or false. Due to the fact that we, the readers, do not know whether the facts occurred we, therefore, cannot answer your statement.

If you are asking whether proxy statements may be provided to shareholders prior to a meeting, the question would be answered in the affirmative. Chapter 607, Florida Statutes regulates corporations in Florida and it is titled the "Florida Business Corporation Act". Specifically, section 607.0705, Fla. Stat., concerns "proxy statements" as they relate to requirements of a corporation noticing its meetings. Section 607.0705, Fla. Stat. may be viewed, for free, at: http://www.flsenate.gov/Laws/Statutes/2014/607.0705 .

Feel free to clarify your question if the above response has not provided enough detail to help you with your situation.

Best wishes,

Koberlein Law Offices, PLLC

855 SW Baya Dr

Lake City, FL 32025


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