Fla. Stat. § 607.0852
Mandatory indemnification
Florida · Florida Statutes Chapter 607 — FLORIDA BUSINESS CORPORATION ACT · Status: effective
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- Citation
- Fla. Stat. § 607.0852, Mandatory indemnification, Florida, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1153112
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Full text
A corporation must indemnify an individual who is or was a director or officer who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the individual was a party because he or she is or was a director or officer of the corporation against expenses incurred by the individual in connection with the proceeding.