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Fla. Stat. § 617.1301

Prohibited distributions

Florida · Florida Statutes Chapter 617 — NONPROFIT CORPORATIONS · Status: effective

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Fla. Stat. § 617.1301, Prohibited distributions, Florida, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1153404
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Except as authorized in ss. 617.0505 and 617.1302, a corporation may not make any distributions to its members.