Amendment
Bill No. CS/HB 995
Amendment No. 501911
CHAMBER ACTION
Senate House
.
.
.






1Representative Gibbons offered the following:
2
3     Amendment (with directory and title amendments)
4     Between lines 434 and 435, insert:
5     (b)  A director of the association who is present at a
6meeting of its board at which action on any corporate matter is
7taken shall be presumed to have assented to the action taken
8unless he or she votes against such action or abstains from
9voting in respect thereto because of an asserted conflict of
10interest. A director of the association who abstains from voting
11on any action taken on any corporate matter shall be presumed to
12have dissented to the action. Directors may not vote by proxy or
13by secret ballot at board meetings, except that officers may be
14elected by secret ballot. A vote or abstention for each member
15present shall be recorded in the minutes.
16
17
18
-----------------------------------------------------
19
D I R E C T O R Y  A M E N D M E N T
20     Remove lines 430-432 and insert:
21     Section 6.  Paragraph (b) of subsection (1) and subsections
22(12) and (13) of section 718.111, Florida Statutes are amended,
23and paragraph (d) is added to subsection (1) of that section, to
24read:
25
26
27
28
-----------------------------------------------------
29
T I T L E  A M E N D M E N T
30     Remove line 27 and insert:
31F.S.; providing that a director of the association who abstains
32from voting on any action taken on any corporate matter shall be
33presumed to have dissented to the action; providing duties of
34officers, directors, and agents
35


CODING: Words stricken are deletions; words underlined are additions.