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§ 607.08081 — Florida Law | CourtGPT
  1. Home/
  2. Laws/
  3. Florida/
  4. Title Xxxvi - Business Organizations/
  5. Chapter 607 - Florida Business Corporation Act/
  6. Part I - General Provisions (Ss. 607.0101-607.193)607.0101 - Short Title; Applicability/
  7. § 607.08081
Florida Legal Code

§ 607.08081

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607.08081 Removal of directors by judicial proceedings.—(1) The circuit court in the applicable county may remove a director from office, and may order other relief, including barring the director from reelection for a period prescribed by the court, in a proceeding commenced by or in the right of the corporation if the court finds that:(a) The director engaged in fraudulent conduct with respect to the corporation or its shareholders, grossly abused the position of director, or intentionally inflicted harm on the corporation; and(b) Considering the director’s course of conduct and the inadequacy of other available remedies, removal or such other relief would be in the best interest of the corporation.(2) A shareholder proceeding on behalf of the corporation under paragraph (1)(a) shall comply with all of the requirements of ss. 607.0741-607.0747, except s. 607.0741(1).History.—s. 91, ch. 2019-90.