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§ 607.0852 — 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. § 607.0852
Florida Legal Code

§ 607.0852

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607.0852 Mandatory indemnification.—A corporation must indemnify an individual who is or was a director or officer who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the individual was a party because he or she is or was a director or officer of the corporation against expenses incurred by the individual in connection with the proceeding.History.—s. 109, ch. 2019-90.