§ 607.1410, Fla. Stat. · Part I. GENERAL PROVISIONS
Director duties.
Text — 2026 Florida Statutes
(1) Directors shall cause the dissolved corporation to discharge or make reasonable provision for the payment of claims and make distributions in liquidation of assets to shareholders after payment or provision for claims.
(2) Directors of a dissolved corporation that has disposed of claims under s. 607.1406, s. 607.1407, or s. 607.1409 are not liable to any claimant or shareholder for a breach of subsection (1) with respect to claims against the dissolved corporation that are barred or satisfied in accordance with s. 607.1406, s. 607.1407, or s. 607.1409.
Notes and commentary — not statutory text
History
s. 184, 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 2848d2dca4e06094aea3e68e3d410eff56b415f8ad1354b1edd897c748e14bac
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 4 provisions
Provisions in this library whose text cites § 607.1410, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
- § 607.0834, Fla. Stat.Liability for unlawful distributions.Printed as s. 607.1410(1)
- § 607.1403, Fla. Stat.Articles of dissolution.Printed as ss. 607.1401-607.1410
- § 607.1406, Fla. Stat.Known claims against dissolved corporation.Printed as ss. 607.1401-607.1410; ss. 607.1405-607.1410
- § 607.1409, Fla. Stat.Court proceedings.Printed as ss. 607.1405-607.1410
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.