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https://brewerlong.com/information/breach-of-fiduciary-duty/#:~:text=A%20corporate%20officer%E2%80%99s%20fiduciary%20duty%20in%20Florida%20requires,any%20conflicts%20of%20interest%3B%20and%20More%20items...%20
https://businesslawyerinflorida.com/understanding-fiduciary-duty-in-florida/
In Florida, corporate officers have a fiduciary to exercise their powers in a manner that protects the interests of the corporate entity (which is owned by shareholders).
https://www.floridabar.org/the-florida-bar-journal/understanding-fiduciary-duty/
A fiduciary duty arises expressly by contract when the parties specifically agree to a relationship, such as the attorney/client or agent/principal relationship, that is considered to be a fiduciary relationship. 24 The Florida statutes also expressly impose a fiduciary duty in a variety of relationships, including broker/client, 25 trustee/beneficiary, 26 guardian/ward, 27 partners …
https://jflawfirm.com/the-guide-to-breach-of-fiduciary-duty-in-florida-updated-for-2020/
https://www.floridabar.org/the-florida-bar-journal/directors-fiduciary-duties-increasing-focus-on-good-faith-and-independence/
Under Florida law, directors oversee the management of the business and affairs of the corporation, 1 and their actions are governed by a mixture of statutory and common law principles. 2 The directors owe a fiduciary duty to the corporation and its shareholders, 3 which is generally expressed in terms of good faith, 4 the duty of care, and the duty of loyalty. The …
https://brewerlong.com/information/breach-of-fiduciary-duty/
Corporate officers. Corporate officers have a fiduciary duty to the company’s shareholders. A corporate officer’s fiduciary duty in Florida requires them to: Exercise their powers in the interests of the corporation; Work for the benefit of all shareholders;
https://cuetolawgroup.com/breach-of-fiduciary-duty-florida/
As mentioned above, a fiduciary's duties include two main responsibilities. The first is maintaining a duty of care with respect to the fiduciary's position. In other words, what constitutes a breach of the fiduciary duty of care may look different in the context of a corporate officer versus a personal representative in probate.
https://www.oflaherty-law.com/learn-about-law/fiduciary-duties-of-corporate-officers-and-director
Corporate officers and directors have fiduciary duties to their company and all of the people they represent. Directors are typically responsible for overseeing the company, attending board meetings, and promoting the best interests of the company. Corporate officers, including the President, Vice President, Secretary and Treasurer, manage the day-to-day …
https://www.rpepperlaw.com/fiduciary-duties-of-corporate-officers-and-directors-utmost-good.html
If you are an officer or director of a corporation, you have fiduciary duties to the corporation and to the shareholders (including to minority shareholders). In some cases, corporate officers and directors may even owe fiduciary duties to creditors of the corporation. By virtue of being an officer or director of a corporation, you have fiduciary duties irrespective of the fact that you …
https://www.stimmel-law.com/en/articles/corporate-officers-duties-and-fiduciary-responsibilities
The Three Basic Types of Fiduciary Duties. Most states, including California, maintain three basic fiduciary duties. 1) Duty of Care – directors and officers must use care and be diligent when making decisions on behalf of the corporation and its shareholders (who are the true owners of the corporation). Directors and officers meet their duty ...
http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0673/Sections/0673.3071.html
673.3071 Notice of breach of fiduciary duty.—. (1) In this section, the term: (a) “Fiduciary” means an agent, trustee, partner, corporate officer or director, or other representative owing a fiduciary duty with respect to an instrument. (b) “Represented person” means the principal, beneficiary, partnership, corporation, or other person to whom the duty stated in paragraph (a) is owed.
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