Fla. Stat. § 617.1102: Limitation on merger.

A domestic corporation that holds property for a charitable purpose may merge with one or more other eligible entities only if the surviving entity of such merger is a domestic or foreign corporation or other eligible entity that has been organized as a nonprofit entity under a governing statute or other applicable law that allows such a merger.

History.—s. 36, ch. 2009-205; s. 275, ch. 2019-90; s. 59, ch. 2026-168.