Important Things to Know When Serving on a Board of Directors (FL)

Serving on the Board of Directors of any corporation can be a great opportunity for both personal and financial growth. As with everything in life, however, in order to receive, one must also give. This article will summarize the responsibilities imposed by the law on directors who serve in the state of Florida. The law to which we will be referring is judicial common law and Florida Statutes. Specifically, we will examine Florida Statutes Sections 607.0801 through 607.0832, which are the sections of the Florida Business Corporation Act that address boards of directors. These sources of obligation are in addition to the articles of incorporation and bylaws specific and unique to each corporation, which often supersede the base standards set by statute.    Read the article……………


Related Articles

Court orders new trial in Florida hurricane case

A federal appellate court has reversed a $7.2 million judgment and ordered a new trial in a Florida hurricane insurance

Building and protecting a brand for your community association-Part 1 of a 3–part series on Association Branding!

When you are asked to think of iconic brands, names like Nike, Apple, Starbucks and Coca Cola probably come to

Educational Resources for Managers

You can’t be a successful property manager without keeping an open mind about new technology and new developments in building