Florida §719.1035

Creation of cooperatives

Statute:
Florida §719.1035 · Chapter 719 (Cooperative Act)
Topic:
Governance & Powers · Creation
Applies to:
Coop associations

Sets formation requirements for a cooperative.

creation; cooperative documents; recording

📄 Read the official text at flsenate.gov →

Full statutory text
719.1035 Creation of cooperatives.— (1) The date when cooperative existence shall commence is upon commencement of corporate existence of the cooperative association as provided in s. 607.0203. The cooperative documents must be recorded in the county in which the cooperative is located before property may be conveyed or transferred to the cooperative. All persons who have any record interest in any mortgage encumbering the interest in the land being submitted to cooperative ownership must either join in the execution of the cooperative documents or execute, with the requirements for deed, and record, a consent to the cooperative documents or an agreement subordinating their mortgage interest to the cooperative documents. Upon creation of a cooperative, the developer or association shall file the recording information with the division within 30 working days on a form prescribed by the division. (2) All provisions of the cooperative documents are enforceable equitable servitudes, run with the land, and are effective until the cooperative is terminated. History.—s. 11, ch. 86-175; s. 188, ch. 90-179; s. 41, ch. 95-274; s. 9, ch. 98-322; s. 6, ch. 99-382.

How SoShiny helps with Creation of cooperatives

SoShiny stores your bylaws and governing documents in a searchable library with role-based access, so the board sees one thing and members see another. Every edit is timestamped in the audit log — the documentation Florida regulators and a court expect when a board action is later questioned.

See the feature → Start free

Related sections in Chapter 719

Frequently asked

What does Florida §719.1035 require?
Sets formation requirements for a cooperative.
Who does Florida §719.1035 apply to?
Florida §719.1035 applies to Coop associations in Florida.
What happens if our co-op doesn't comply with §719.1035?
Non-compliance with Florida Chapter 719 can result in disputes filed with the Florida Department of Business and Professional Regulation (DBPR), Division of Florida Condominiums, Timeshares, and Mobile Homes — and may expose individual board members to personal liability in some circumstances. SoShiny's audit trail and documented workflows are designed to demonstrate compliance.
Where can I read the official text of Florida §719.1035?
The official text is published by the Florida Legislature at flsenate.gov. The summary on this page is for plain-English reference only and is not legal advice.
How does SoShiny help with Creation of cooperatives?
SoShiny stores your bylaws and governing documents in a searchable library with role-based access, so the board sees one thing and members see another. Every edit is timestamped in the audit log — the documentation Florida regulators and a court expect when a board action is later questioned. Learn more →

Not legal advice. This page is a plain-English summary of Florida §719.1035 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Florida-licensed attorney. For the official statutory text, see the link above.

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