Alternative remedies to judicial dissolution.
F.S. 607.1434
in effect(1)
In a proceeding under s. 607.1430, the court may, as an alternative to directing the dissolution of the corporation and upon a showing of sufficient merit to warrant such remedy:
(a)
Appoint a receiver or custodian during the proceeding as provided in s. 607.1432;
(b)
Appoint a provisional director as provided in s. 607.1435;
(c)
Order a purchase of the petitioning shareholder’s shares pursuant to s. 607.1436; or
(d)
Make any order or grant any equitable relief other than dissolution as in its discretion it may deem appropriate.
(2)
Alternative remedies, such as the appointment of a receiver or custodian, may also be ordered in the discretion of the court, upon a showing of sufficient merit to warrant such remedy, in advance of directing the dissolution of the corporation or, after a judgment of dissolution is entered, to assist in facilitating the winding up of the corporation.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter607/AllFetched: 7/8/2026