Florida Statute 617.0831 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 617
CORPORATIONS NOT FOR PROFIT

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F.S. 617.0831

617.0831 Indemnification and liability of officers, directors, employees, and agents.—Except as provided in s. 617.0834, s. 607.0831 and ss. 607.0850-607.0859 apply to a corporation organized under this act 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 act 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 act and members of a rural electric cooperative organized under chapter 425.

History.—s. 53, ch. 90-179; s. 1, ch. 94-165; s. 51, ch. 95-274; s. 55, ch. 2000-258; s. 274, ch. 2019-90.

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Amendments to 617.0831

Arrestable Offenses / Crimes under Fla. Stat. 617.0831

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 617.0831.

Annotations, Discussions, Cases:

Cases Citing Statute 617.0831

Total Results: 2

Accardi v. Hsia

Court: Fla. Dist. Ct. App. | Date Filed: 2005-09-07T00:53:00-07:00

Citation: 944 So. 2d 1008

Snippet: fraud, self-dealing, or unjust enrichment. See §§ 617.0831, 617.0834(1), Fla. Stat.; see also Munder v. Circle…, despite the protections afforded by sections 617.0831 and 617.0834(1). Therefore, we hold that the causes

Fox v. Professional Wrecker Operators of Florida, Inc.

Court: Fla. Dist. Ct. App. | Date Filed: 2001-11-30T00:00:00-08:00

Citation: 801 So. 2d 175

Snippet: the Internal Revenue Code, section 617.0831 applies. Section 617.0831 makes section 607.0831 of the general