AnnaD2 (Florida)
Posts: 960
Posts: 960
Posted:
Hi Everyone. I need some help with your interpretation of Florida Statute 617.0842 (2). It reads: A board of directors can remove an officer at any time with or without cause. Any officer or assistant officer, if appointed by another officer, may likewise be removed by such officer.
Our docs say that an officer may be removed by a 2/3 vote of the directors. So here is my question: Don't State Statutes take precedence over any docs, covenents, by-laws and rules? If that is the case, the state statutes don't mention having a 2/3 or 3/4 or anything like that. What's your opinions about this? Thank you.
Our docs say that an officer may be removed by a 2/3 vote of the directors. So here is my question: Don't State Statutes take precedence over any docs, covenents, by-laws and rules? If that is the case, the state statutes don't mention having a 2/3 or 3/4 or anything like that. What's your opinions about this? Thank you.