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FL H0797
Bill
Status
3/4/2026
Primary Sponsor
Commerce Committee
Click for details
AI Summary
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Conforms Florida nonprofit corporation law terminology with the Model Nonprofit Corporation Act adopted by the American Bar Association and aligns provisions with the Florida Business Corporation Act
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Requires officers to act in good faith, with reasonable care, and in the corporation's best interests; establishes requirements for judicial removal of directors
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Grants liability immunity to all officers and directors of nonprofit corporations
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Updates membership rules including authorizing boards to admit members for consideration, permitting membership termination per terms, prohibiting corporations from being their own members, and allowing fines or penalties if authorized
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Revises meeting procedures including proxy voting rules, remote participation provisions, and allows board actions to satisfy meeting and voting requirements when no members exist
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Removes affiliate chapter registration requirement and requires statements for property held for charitable purposes
Legislative Description
Nonprofit Corporations
Last Action
Ordered enrolled
3/4/2026