{"data":{"id":"us-fl/fla.-stat.-607.1020","jurisdiction":"us-fl","citation":"Fla. Stat. § 607.1020","heading":"Amendment of bylaws by board of directors or shareholders.","body":"(1) A corporation’s board of directors may amend or repeal the corporation’s bylaws unless:\n(a) The articles of incorporation or this chapter reserves that power exclusively to the shareholders in whole or in part; or\n(b) Except as provided in s. 607.0206(5), the shareholders, in amending, repealing, or adopting the bylaws generally or a particular bylaw provision, expressly provide that the board of directors may not amend, repeal, adopt, or reinstate the bylaws generally or that particular bylaw provision.\n(2) A corporation’s shareholders may amend or repeal the corporation’s bylaws even though the bylaws may also be amended or repealed by its board of directors.\n(3) A shareholder does not have a vested property right resulting from any provision in the bylaws.\nHistory.—s. 106, ch. 89-154; s. 128, ch. 2019-90.","path":["CHAPTER 607 FLORIDA BUSINESS CORPORATION ACT"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0607/0607.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:10:21Z","sha256":"df9966cd0fb37d4d4f1016183e6c4c8252b748050036a8a3a0b1668aac746308","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-607.1009","next":"us-fl/fla.-stat.-607.1021"},"notice":"GroundRules: Original legal text. Not legal advice."}