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§ 607.14401 — Florida Law | CourtGPT
  1. Home/
  2. Laws/
  3. Florida/
  4. Title Xxxvi - Business Organizations/
  5. Chapter 607 - Florida Business Corporation Act/
  6. Part I - General Provisions (Ss. 607.0101-607.193)607.0101 - Short Title; Applicability/
  7. § 607.14401
Florida Legal Code

§ 607.14401

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607.14401 Deposit with Department of Financial Services.—Assets of a dissolved corporation that should be transferred to a creditor, claimant, or shareholder of the corporation who cannot be found or who is not competent to receive them shall be reduced to cash and deposited with the Department of Financial Services for safekeeping. When the creditor, claimant, or shareholder furnishes satisfactory proof of entitlement to the amount deposited, the Department of Financial Services shall pay such person or his, her, or its representative that amount.History.—s. 135, ch. 89-154; s. 159, ch. 90-179; s. 37, ch. 97-102; s. 746, ch. 2003-261; s. 196, ch. 2019-90; s. 53, ch. 2020-32.Note.—Former s. 607.1440.