Florida Enacts Revisions to Nonprofit Corporation Act

Short summary

Florida's updated Nonprofit Corporation Act (effective July 1, 2026) modernizes governance: non-501(c)(3) nonprofits now require only one director, membership interests are transferable, and liability protections extend to all nonprofit officers. Nonprofits should review bylaws and articles of incorporation to align with new provisions.

• •Non-501(c)(3) nonprofits can now operate with a single director instead of three
• •Membership interests are now transferable per articles of incorporation or bylaws
• •Liability protections for officers and directors expanded to all nonprofit types

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