In 2017, the Florida Legislature passed a law which stated that condominium directors could not serve more than 4 consecutive 2-year terms, essentially creating an 8-year term limit. The obvious immediate question was whether this law would be applied retroactively (reach back to prior years of service to determine if a director was “termed out”) or whether the law would only be applied prospectively (meaning that you would not count previous terms in calculating the 8 year term limit). The law itself did not say one way or the other whether it was intended to be retroactive. Read the article…………………………
Related Post
November 25, 2023
Comments are closed.