Fla. Stat. § 617.0831
Indemnification and liability of officers, directors, employees, and agents
Florida · Florida Statutes Chapter 617 — NONPROFIT CORPORATIONS · Status: effective
Cite this
- Citation
- Fla. Stat. § 617.0831, Indemnification and liability of officers, directors, employees, and agents, Florida, version 2 as recorded 2026-10-02, yourstate.us, https://yourstate.us/provision/1153379
- Permanent ID
ys:prov:1153379@2- SHA-256
e0a5d89ed80abcd86e182bce21ad95269a918ee2523528a1662e575eddbff167
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Sections 607.0850-607.0859 apply to a corporation organized under this chapter and a rural electric cooperative organized under chapter 425. Any reference to “directors” in those sections includes the directors, managers, or trustees of a corporation organized under this chapter or of a rural electric cooperative organized under chapter 425. However, the term “director” as used in s. 607.0831 and ss. 607.0850-607.0859 does not include a director appointed by the developer to the board of directors of a condominium association under chapter 718, a cooperative association under chapter 719, a homeowners’ association defined in s. 720.301, or a timeshare managing entity under chapter 721. Any reference to “shareholders” in those sections includes members of a corporation organized under this chapter and members of a rural electric cooperative organized under chapter 425.