Amendment of bylaws by board of directors or shareholders.
F.S. 607.1020
in effect(1)
A corporation’s board of directors may amend or repeal the corporation’s bylaws unless:
(a)
The articles of incorporation or this chapter reserves that power exclusively to the shareholders in whole or in part; or
(b)
Except as provided in s. 607.0206(5), the shareholders, in amending, repealing, or adopting the bylaws generally or a particular bylaw provision, expressly provide that the board of directors may not amend, repeal, adopt, or reinstate the bylaws generally or that particular bylaw provision.
(2)
A corporation’s shareholders may amend or repeal the corporation’s bylaws even though the bylaws may also be amended or repealed by its board of directors.
(3)
A shareholder does not have a vested property right resulting from any provision in the bylaws.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter607/AllFetched: 7/8/2026