Except as authorized in ss. 617.0505 and 617.1302, a corporation may not make any distributions to its members.
Fla. Stat. § 617.1301
Prohibited distributions
History.--s. 37, ch. 2009-205.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.