180.0206(2)(2) The bylaws of a corporation may contain any provision for managing the business and regulating the affairs of the corporation that is not inconsistent with its articles of incorporation or with the laws of this state. 180.0206 HistoryHistory: 1989 a. 303. 180.0207(1)(1) In this section, “emergency” means a catastrophic event that prevents a quorum of the corporation’s directors from being readily assembled. 180.0207(2)(2) Unless the articles of incorporation provide otherwise, the board of directors of a corporation may adopt bylaws that are effective only in an emergency. The emergency bylaws may make all provisions necessary for managing the corporation during the emergency, including but not limited to the following: 180.0207(2)(a)(a) Procedures for calling a meeting of the board of directors. 180.0207(3)(3) Provisions of the regular bylaws that are consistent with the emergency bylaws remain effective during the emergency. The emergency bylaws are not effective after the emergency ends. 180.0207(4)(4) Notwithstanding ss. 180.0828, 180.0831 and 180.0833, corporate action taken in good faith in accordance with the emergency bylaws binds the corporation and may not be used to impose liability on a corporate director, officer, employee or agent. 180.0207 HistoryHistory: 1989 a. 303. PURPOSES AND POWERS
180.0301(1)(1) A corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in its articles of incorporation. 180.0301(2)(2) A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under this chapter only if not prohibited by, and subject to all limitations of, the other statute. 180.0301 HistoryHistory: 1989 a. 303. 180.0302180.0302 General powers. Unless its articles of incorporation provide otherwise, a corporation has perpetual duration and succession in its corporate name and has the same powers as a natural person to do all things necessary or convenient to carry out its business and affairs, including but not limited to power to do all of the following: 180.0302(1)(1) Sue and be sued, complain and defend in its corporate name. 180.0302(2)(2) Have a corporate seal, which may be altered at will, and to use it, or a facsimile of it, by impressing or affixing it or in any other manner reproducing it. 180.0302(3)(3) Make and amend bylaws, not inconsistent with its articles of incorporation or with the laws of this state, for managing the business and regulating the affairs of the corporation. 180.0302(4)(4) Purchase, receive, lease or otherwise acquire, and own, hold, improve, use and otherwise deal with, property or any legal or equitable interest in property, wherever located. 180.0302(5)(5) Sell, convey, mortgage, pledge, lease, exchange and otherwise dispose of all or any part of its property. 180.0302(6)(6) Purchase, receive, subscribe for or otherwise acquire, and own, hold, vote, use, sell, mortgage, lend, pledge or otherwise dispose of and deal in and with shares or other interests in, or obligations of, any other entity. 180.0302(7)(7) Make contracts and guarantees; incur liabilities; borrow money; issue its notes, bonds and other obligations, which may be convertible into or include the option to purchase other securities of the corporation; and secure any of its obligations by mortgage or pledge of any of its property, franchises or income. 180.0302(8)(8) Lend money, invest and reinvest its funds and receive and hold property as security for repayment. 180.0302(9)(9) Be a promoter, partner, member, associate or manager of an entity. 180.0302(10)(10) Conduct its business, locate offices and exercise the powers granted by this chapter in or outside this state. 180.0302(11)(11) Elect directors and appoint officers, employees and agents of the corporation, define their duties, fix their compensation and, subject to s. 180.0832, lend them money and credit.