The 2023 Florida Statutes (including Special Session C)

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 609
COMMON-LAW DECLARATIONS OF TRUST

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F.S. 609.07

609.07 Issuance of certain units, shares, certificates, or other security.—The declaration of trust may provide that the units, shares, certificates of beneficial ownership or interest, or other security issued, or to be issued, in accordance with the provisions thereof shall be fully paid and nonassessable. When the declaration of trust so provides, every holder of any such unit, share, certificate of beneficial ownership or interest, or other security issued by the trust, who has not paid in full the sum agreed to be paid for each unit, share, certificate of beneficial ownership or interest, or other security, shall be personally liable to the trust, or to its creditors, as the case may be, in an amount equal to the portion of said sum remaining unpaid. Such holders shall not otherwise be liable for any debt or obligation of the trust.

History.—s. 1, ch. 63-171.

F.S. 609.07 on Google Scholar

F.S. 609.07 on Casetext

Amendments to 609.07

Arrestable Offenses / Crimes under Fla. Stat. 609.07

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 609.07.

Annotations, Discussions, Cases:

Cases from cite.case.law:

UNITED STATES v. BUTCH, 48 F. Supp. 2d 453 (D.N.J. 1999)

. . . of the conviction substantially outweighs its prejudicial effect.” 6 Weinstein’s Federal Evidence § 609.07 . . . the admission of convictions more than 10 years old should be rare.” 6 Weinstein’s Federal Evidence § 609.07 . . . See 6 Weinstein’s Federal Evidence § 609.07[2] (citing United States v. . . . confinement” does “not include any period of probation or parole.” 6 Weinstein’s Federal Evidence § 609.07 . . . Ev, 609(b); see also 6 Weinstein’s Federal Evidence § 609.07[3]; Daniel, 957 F.2d at 168. . . .