Florida Statutes 288.9619 – Conflicts of interest
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 288.9619
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
If any director has a direct or indirect interest associated with any party to an application on which the corporation has taken or will take action in exercising its power for the issuance of revenue bonds or other evidences of indebtedness, such interest must be publicly disclosed to the corporation and set forth in the minutes of the corporation. The director who has such interest may not participate in any action by the corporation with respect to such party and application.