Florida Statutes 440.077 – When a corporate officer rejects chapter, effect
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Terms Used In Florida Statutes 440.077
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
An officer of a corporation who is permitted to elect an exemption under this chapter and who elects to be exempt from the provisions of this chapter may not recover benefits under this chapter.