Florida Statutes Title XXXVI. Business Organizations § 607.0604. Fractional shares

(a) Issue fractions of a share or, in lieu of doing so, pay in money the fair value of fractions of a share;

(b) Make arrangements, or provide reasonable opportunity, for any person entitled to or holding a fractional interest in a share to sell such fractional interest or to purchase such additional fractional interests as may be necessary to acquire a full share;

(c) Issue scrip in registered or bearer form, over the manual or facsimile signature of an officer of the corporation or its agent, entitling the holder to receive a full share upon surrendering enough scrip to equal a full share.

(a) The scrip will become void if not exchanged for full shares before a specified date; and

(b) The shares for which the scrip is exchangeable may be sold and the proceeds paid to the scripholders.