September 20, 2019
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The Florida Statutes

The 2010 Florida Statutes(including Special Session A)

Title XXXVIII
BANKS AND BANKING
Chapter 658
BANKS AND TRUST COMPANIES
View Entire Chapter
F.S. 658.36
658.36 Changes in capital.
(1) No state bank or trust company shall reduce its outstanding capital stock without first obtaining the approval of the office, and such approval shall be withheld if the reduction will cause the outstanding capital stock to be less than the minimum required pursuant to the financial institutions codes.
(2) Any state bank or trust company may provide for an increase in its capital stock after filing a written notice at least 15 days prior to making such increase.
History.s. 2, ch. 28016, 1953; ss. 12, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 26, 151, 152, ch. 80-260; ss. 2, 3, ch. 81-318; s. 1, ch. 91-307; ss. 1, 120, ch. 92-303; s. 1782, ch. 2003-261; s. 14, ch. 2008-75.
Note.Former s. 659.10.
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