HB 543 2024
CODING: Words stricken are deletions; words underlined are additions.
hb0543-00
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
A bill to be entitled 1
An act relating to boards of directors of banks; 2
amending s. 658.33, F.S.; disqualifying certain 3
persons from serving on the board of directors of a 4
bank under certain circumstances; providing an 5
effective date. 6
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Be It Enacted by the Legislature of the State of Florida: 8
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Section 1. Present subsections (2) through (5) of section 10
658.33, Florida Statutes, are redesignated as subsections (3) 11
through (6), respectively, and a new subsection (2) is added to 12
that section, to read: 13
658.33 Directors, number, qualifications; officers. — 14
(2) If a person has previously served on a board of 15
directors of a bank doing business in this state which became 16
insolvent, such person is disqualified from serving on the board 17
of directors of another bank for 5 years after the date the 18
previous bank became insolvent. 19
Section 2. This act shall take effect July 1, 2024. 20