Fla. Stat. § 607.0723 : Business Organizations — Corporations — Shares held by nominees Date: 18 Apr 2016 TEXT PDF Current through Chapter 269 of the 2016 Legislative Session (1) A corporation may establish a procedure by which the beneficial owner of shares that are registered in the name of a nominee is recognized by the corporation as the shareholder. The extent of this recognition may be determined in the procedure. (2) The procedure may set forth: (a) The types of nominees to which it applies; (b) The rights or privileges that the corporation recognizes in a beneficial owner; (c) The manner in which the procedure is selected by the nominee; (d) The information that must be provided when the procedure is selected; (e) The period for which selection of the procedure is effective; and (f) Other aspects of the rights and duties created. Fla. Stat. § 607.0723 s. 59, ch. 89-154.