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Code · Florida · Title XXX — Social Welfare · Chapter 425

425.27 Foreign corporations.

97 words·~1 min read·/fl/title-xxx/chapter-425/425-27

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Any corporation organized under the laws of another state on a nonprofit or a cooperative basis for the purpose of supplying electric energy in rural areas and owning and operating electric transmission or distribution lines in a state adjacent to this state, shall be allowed to transact business in this state and shall have the same rights, powers, and privileges as a cooperative organized under this chapter upon the filing with the Department of State of a certified copy of its charter or articles of incorporation and upon payment of the filing fee in this chapter provided.
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