Fla. Stat. § 617.0608
Purchase of memberships
Chapter 617, Not For Profit Corporations · leg.state.fl.us
Statute text
, (1) A corporation may not purchase any of its memberships or any right arising from membership except as provided in s. 617.0505 or subsection (2). (2) Subject to s. 617.1302, a mutual benefit corporation may purchase the membership of a member who resigns, or whose membership is terminated, for the amount and pursuant to the conditions set forth in its articles of incorporation or bylaws. History., s. 20, ch. 2009-205.
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Text reproduced from the Florida Legislature. Snapshot: 2026-04-12. Verify against the official source before relying on it. This page is informational and is not legal advice.