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Fla. Stat. § 617.0831

Indemnification and liability of officers, directors, employees, and agents

Chapter 617, Not For Profit Corporations · leg.state.fl.us

Statute text

. 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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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.

Fla. Stat. § 617.0831, Indemnification and liability of officers, directors, employees, an... | HawkHOA