Mandatory indemnification.

Verbatim from the official edition

Text — 2026 Florida Statutes

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.

Notes and commentary — not statutory text

History

s. 109, ch. 2019-90.

Source of truth

Edition: 2026 Florida Statutes
Official file: https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0607/0607.html
Text hash: sha256 f742c4f63ae5c7000133c6f741d6aa4177b6c1e4d5975666f9f6fd718eed718a
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Cited by 3 provisions

Provisions in this library whose text cites § 607.0852, Fla. Stat.. Each shows the citation as that text prints it.

The Florida Statutes

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