General standards for directors.
F.S. 617.0830
in effect(1)
A director shall discharge his or her duties as a director, including his or her duties as a member of a committee:
(a)
In good faith;
(b)
With the care an ordinarily prudent person in a like position would exercise under similar circumstances; and
(c)
In a manner he or she reasonably believes to be in the best interests of the corporation.
(2)
In discharging his or her duties, a director may rely on information, opinions, reports, or statements, including financial statements and other financial data, if prepared or presented by:
(a)
One or more officers or employees of the corporation whom the director reasonably believes to be reliable and competent in the matters presented;
(b)
Legal counsel, public accountants, or other persons as to matters the director reasonably believes are within the persons’ professional or expert competence; or
(c)
A committee of the board of directors of which he or she is not a member if the director reasonably believes the committee merits confidence.
(3)
A director is not acting in good faith if he or she has knowledge concerning the matter in question that makes reliance otherwise permitted by subsection (2) unwarranted.
(4)
A director is not liable for any action taken as a director, or any failure to take any action, if he or she performed the duties of his or her office in compliance with this section.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter617/AllFetched: 7/8/2026