Florida statute
Fla. Stat. § 817.20 — Issuing stock or obligation of corporation beyond authorized amount
Current through 2025 Florida Statutes
Part of Part I: False Pretenses and Frauds,generally, Florida Statutes.
Criminal charges under this statute
Full text of Fla. Stat. § 817.20
Statutory text current through the 2025 Florida Statutes. This publication reproduces the official statutory text; it is not the official statutes of the State of Florida.
Any officer, agent, clerk or servant of a corporation, or any other person, who issues, or signs with intent to issue, any certificate of stock in a corporation, or who issues, signs or endorses with intent to issue any bond, note, bill or other obligation or security in the name of such corporation, beyond the amount authorized by law, or limited by the legal votes of such corporation or its proper officers; or negotiates, transfers or disposes of such certificate, with intent to defraud, shall be guilty of a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.
Official sources
Legal terms used in this section
Questions this section answers
Is issuing stock or obligation of corporation beyond authorized amount a felony or a misdemeanor in Florida?
Issuing stock or obligation of corporation beyond authorized amount is a Felony of the Third Degree in Florida under Fla. Stat. § 817.20.
Which Florida statute covers issuing stock or obligation of corporation beyond authorized amount?
Issuing stock or obligation of corporation beyond authorized amount is governed by Fla. Stat. § 817.20 (Issuing stock or obligation of corporation beyond authorized amount).
This reference is informational and is not legal advice.