Florida Statute 617.1605 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 617
CORPORATIONS NOT FOR PROFIT

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617.1605 Financial reports for members.—A corporation, upon a member’s written demand, shall furnish that member its latest annual financial statements, which may be consolidated or combined statements of the corporation and one or more of its subsidiaries or affiliates, as appropriate, and which include a balance sheet as of the end of the fiscal year and a statement of operations for that year. If financial statements are prepared for the corporation on the basis of generally accepted accounting principles, the annual financial statements must also be prepared on such basis.

History.—s. 73, ch. 93-281; s. 51, ch. 2009-205.

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Amendments to 617.1605

Annotations, Discussions, Cases:

Cases Citing Statute 617.1605

Total Results: 2

Verdi v. Metropolitan Dade County

684 So. 2d 870, 1996 WL 724135

District Court of Appeal of Florida | Filed: Dec 18, 1996 | Docket: 1481826

Cited 10 times | Published

to exempt homeowners' associations from ... Section 617.1605, it could easily have stated so...."); Skipper

Romero v. Shadywood Villas Homeowners Ass'n

657 So. 2d 1193, 1995 Fla. App. LEXIS 6129, 1995 WL 335704

District Court of Appeal of Florida | Filed: Jun 7, 1995 | Docket: 464091

Cited 2 times | Published

the association pursuant to Florida Statute, Section 617.1605. Shadywood refused to comply with Romero's

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