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Registered
Join Date: Oct 2005
Location: Northern California
Posts: 3,758
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In CA, HOA Board members are indemnified provided that their actions and conduct meet requirements of the "business judgement rule."
HOA's carry D&O insurance for Board members.
But of course policies have exclusionary provisions and laws can be legally challenged depending on circumstances. I imagine whatever relevant laws exist in FL can likewise be challenged in specific circumstances.
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Mike
PCA Golden Gate Region
Porsche Racing Club #4
BMWCCA
NASA
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