{"data":{"id":"us-fl/fla.-stat.-663.313","jurisdiction":"us-fl","citation":"Fla. Stat. § 663.313","heading":"Ownership of stock.","body":"(1) At least a majority of the shares of stock of an international development bank organized under chapter 617 as a corporation not for profit shall be owned by one or more domestic or foreign not-for-profit entities.\n(2) Subject to the limitations contained in subsections (1) and (3), shares of stock of an international development bank organized under chapter 617 as a corporation not for profit may be owned by domestic or foreign international for-profit business entities.\n(3) A for-profit business entity shall not own more than 10 percent of the shares of stock of an international development bank organized under chapter 617 as a corporation not for profit.\n(4) All of the shares of voting stock of an international development bank organized under part I of chapter 607 as a corporation for profit shall be owned by a regional development bank or by one or more wholly owned subsidiaries of a regional development bank.\nHistory.—ss. 1, 5, ch. 86-82; s. 5, ch. 89-110; s. 1, ch. 91-307; s. 1, ch. 92-303; s. 68, ch. 2014-209.","path":["CHAPTER 663 INTERNATIONAL BANKING"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0663/0663.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:31Z","sha256":"4dea585f7120f28ea1304f75186c30c07f09b9ef53640b2fe022c72a949411b6","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-663.312","next":"us-fl/fla.-stat.-663.314"},"notice":"GroundRules: Original legal text. Not legal advice."}