Florida Statutes

Fla. Stat. § 607.0852 (2025)

Mandatory indemnification.

✓ 2025 Florida Statutes — current through the 2025 Regular Session

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607.0852 Mandatory indemnification.—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.

History.—s. 109, ch. 2019-90.

Notes of Decisions

Cited in 2 cases (2 in the last 5 years), 2021–2021 · leading case: Peoples Gas Sys., etc. v. Posen Constr., Inc., etc. (Fla. 2021).

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Peoples Gas Sys., etc. v. Posen Constr., Inc., etc. (Fla. 2021). · cites it 2× “(2011); § 607.0852, Fla. Stat. (2019). - 17 - Eleventh Circuit observed, the out-of-state laws that PGS relies on are materially differently worded and therefore inapposite.”

Stein Mart, Inc. (Bankr. M.D. Fla. 2021). · cites it 2× “§ 607.0852, Fla. Stat. (2020); § 607.0854(1), Fla.”

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