Florida Statute 607.0852 - Full Text and Legal Analysis

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.

Cases Citing F.S. 607.0852

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Peoples Gas Sys., etc. v. Posen Constr., Inc., etc. (Fla. 2021).
Published | Supreme Court of Florida
...The two Florida laws PGS cites—one dealing with off-duty sheriff’s deputies and the other with a corporate director’s right to seek indemnification from the corporation6—have no textual or substantive similarity with the statute here. And, as the 6. See § 30.2905(2)(a), Fla. Stat. (2011); § 607.0852, Fla....

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Cases Citing F.S. 607.0852

Peoples Gas Sys., etc. v. Posen Constr., Inc., etc. (Fla. 2021).