Florida Senate Bill 554: Nonprofit Corporations

Florida · 2026 Regular Session

What it does

Renaming the "Florida Not For Profit Corporation Act" as the "Florida Nonprofit Corporation Act"; revising the circumstances in which a domestic or foreign corporation may correct a document filed with the department; requiring all courts, public offices, and official bodies to receive all certificates issued by the department as prima facie evidence of certain facts; authorizing a corporation to register under a name that is not otherwise distinguishable on the records of the department under certain circumstances; prohibiting a corporation from paying any dividend and making distributions of any part of its net income or net earnings to its members, directors, or officers, etc.

Latest action

Laid on Table, refer to CS/CS/HB 797 (2026-03-04)

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