The 2023 Florida Statutes (including Special Session C)

Title XXX
SOCIAL WELFARE

Chapter 425
RURAL ELECTRIC COOPERATIVES

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F.S. 425.22

425.22 Disposition of property.—A cooperative may not sell, mortgage, lease or otherwise dispose of or encumber all or any substantial portion of its property unless such sale, mortgage, lease, or other disposition or encumbrance is authorized at a duly held meeting of the members thereof by the affirmative vote of not less than two-thirds of all of the members of the cooperative, and unless the notice of such proposed sale, mortgage, lease or other disposition or encumbrance shall have been contained in the notice of the meeting. However, notwithstanding anything herein contained, or any other provisions of law, the board of trustees of a cooperative, without authorization by the members thereof, shall have full power and authority to authorize the execution and delivery of a mortgage or deed of trust upon, or the pledging or encumbering of, any or all of the property, assets, rights, privileges, licenses, franchises and permits of the cooperative, whether acquired or to be acquired, and wherever situated, as well as the revenues and income therefrom, all upon such terms and conditions as the board of trustees shall determine, to secure any indebtedness of the cooperative to the United States or any instrumentality or agency thereof or to any bank, financial institution, corporation, or person lending money or credit to such cooperative.

History.—s. 21, ch. 19138, 1939; CGL 1940 Supp. 6494(64); s. 1, ch. 70-14; s. 1, ch. 71-37.

F.S. 425.22 on Google Scholar

F.S. 425.22 on Casetext

Amendments to 425.22

Arrestable Offenses / Crimes under Fla. Stat. 425.22

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 425.22.

Annotations, Discussions, Cases:

Cases from cite.case.law:

E. BROCK, v. FORBES,, 612 F. Supp. 1556 (D. Vt. 1985)

. . . 874.48 Jean McCurdy 304.95 Veronica McFall 223.34 Edith McNair 42.95 Carolyn Milo 149.47 Claire Minard 425.22 . . .

v., 80 Cust. Ct. 8 (Cust. Ct. 1978)

. . . component of the pesticide is an organic chemical compound, then the pesticide is dutiable under TSUS item 425.22 . . .

J. C. v. E. B. v., 40 T.C. 488 (T.C. 1963)

. . . Year Amount 91191 - 1956 $338. 92 1957 110,313.88 1958 425.22 91192- 1956 6, 280. 94 1957 2,104. 56 1958 . . .