Can the board go into closed session to discuss pending litigation?
Short answer
Yes, with exceptions. § 720.303(2) permits closed meetings for specific statutory exceptions including pending litigation and personnel matters. Minutes must still reflect that the meeting occurred.
Statute cites
What this is, and what it is not
This is the plain-language reading of the statute. It is not legal advice. Apply the answer to your specific situation only after consulting your association's attorney. The interpretations here are what HOAStream returns; your attorney's reading of your facts is what governs.