Impact To Services And Offices

State Legislative Updates

Florida House Bill 1285

Florida — House Bill 1285, effective July 1, 2018, among other things authorizes state banks and trust companies regulated by the Florida Office of Financial Regulation to form as social purpose or benefit corporations, and allows social purpose or benefit corporations to omit certain information that would otherwise be required in their annual reports if they are required to keep the information confidential under state or federal law.

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