Florida Statutes
Chapter 607 - Florida Business Corporation Act
Part II - Social Purpose Corporations (Ss. 607.501-607.513)

607.501 - Application and effect of part. - (1) This part applies to a social purpose corporation and...

607.502 - Definitions. - (1) “Benefit director” means: (a) The director designated as the...

607.503 - Incorporation. - History.—s. 9, ch. 2014-209.

607.504 - Election of social purpose corporation status. - (1) An existing corporation may become a social purpose corporation...

607.505 - Termination of social purpose corporation status. - (1) A social purpose corporation may terminate its status as...

607.506 - Corporate purpose. - (1) A social purpose corporation has the purpose of creating...

607.507 - Standard of conduct for directors. - (1) In discharging their duties and in considering the best...

607.508 - Benefit director. - (1) If the articles of incorporation so provide, the board...

607.509 - Standard of conduct for officers. - (1) If an officer of a social purpose corporation reasonably...

607.510 - Benefit officer. - (1) A social purpose corporation may designate an officer as...

607.511 - Right of action. - (1)(a) Except in a benefit enforcement proceeding, a person may...

607.512 - Preparation of annual benefit report. - (1) Unless it is prepared by a benefit director or...

607.513 - Availability of annual benefit report. - (1) Each social purpose corporation shall send its annual benefit...