Florida §617.0833
Loans to directors or officers
- Statute:
- Florida §617.0833 · Chapter 617 (Corporations Not for Profit)
- Topic:
- Officers & Directors · Loans
- Applies to:
- Nonprofit associations
Generally bars loans to directors or officers, with limited exceptions.
loan; director; officer; prohibited
📄 Read the official text at flsenate.gov →
How SoShiny helps with Loans to directors or officers
SoShiny keeps your board roster, officer titles (President, VP, Secretary, Treasurer, Director), and election history current in one place — so the statutory requirement to identify directors and officers is always one click away.
See the feature → Start freeFrequently asked
- What does Florida §617.0833 require?
- Generally bars loans to directors or officers, with limited exceptions.
- Who does Florida §617.0833 apply to?
- Florida §617.0833 applies to Nonprofit associations in Florida.
- What happens if our nonprofit corporation doesn't comply with §617.0833?
- Non-compliance with Florida Chapter 617 can result in disputes filed with the Florida Department of Business and Professional Regulation (DBPR), Division of Florida Condominiums, Timeshares, and Mobile Homes — and may expose individual board members to personal liability in some circumstances. SoShiny's audit trail and documented workflows are designed to demonstrate compliance.
- Where can I read the official text of Florida §617.0833?
- The official text is published by the Florida Legislature at flsenate.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Loans to directors or officers?
- SoShiny keeps your board roster, officer titles (President, VP, Secretary, Treasurer, Director), and election history current in one place — so the statutory requirement to identify directors and officers is always one click away. Learn more →
Not legal advice. This page is a plain-English summary of Florida §617.0833 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Florida-licensed attorney. For the official statutory text, see the link above.
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