§ 617.0742, Fla. Stat. · Chapter 617. NONPROFIT CORPORATIONS
Complaint; demand and excuse.
Text — 2026 Florida Statutes
A complaint in a proceeding brought in the right of a corporation must be verified and allege with particularity:
(1) The demand, if any, made to obtain the action desired by the director, officer, or member from the board of directors; and
(2) Either:
(a) If such demand was made, that the demand was refused, rejected, or ignored by the board of directors before the expiration of 90 days from the date the demand was made.
(b) If such a demand was made, why irreparable injury to the corporation or misapplication or waste of corporate assets causing material injury to the corporation would result by waiting for the expiration of a 90-day period from the date the demand was made; or
(c) The reason or reasons the director, officer, or member did not make the effort to obtain the desired action from the board of directors or comparable authority.
Notes and commentary — not statutory text
History
s. 35, ch. 2026-168.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0617/0617.html
- Text hash
- sha256 e262b303fb0d818727a76169f1092445514a3c4a26458a522224efeb9e7148a7
- 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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Cited by 1 provision
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