Forming a Journalism Cooperative in Florida [1]
Under Fla. Stat. §§ 618 [2]-619 [3], Florida limits the formation of cooperative corporations to businesses in which people or associations are engaged in specific agricultural and related purposes. Therefore, you cannot form a journalism cooperative corporation in Florida. However, you may be able to form a business with aspects of a cooperative under another business form [4], such as an LLC [5], a corporation [6], or a nonprofit corporation [7]. You should consult with an attorney for further information regarding your options for forming a business in Florida.
Jurisdiction:
- Florida [8]