2008 Florida Code
TITLE XLII ESTATES AND TRUSTS
Chapter 736 FLORIDA TRUST CODE
PART VIII DUTIES AND POWERS OF TRUSTEE (ss. 736.0801-736.0817)
736.0815 General powers of trustee.
736.0815 General powers of trustee.--
(1) A trustee, without authorization by the court, may, except as limited or restricted by this code, exercise:
(a) Powers conferred by the terms of the trust.
(b) Except as limited by the terms of the trust:
1. All powers over the trust property that an unmarried competent owner has over individually owned property.
2. Any other powers appropriate to achieve the proper investment, management, and distribution of the trust property.
3. Any other powers conferred by this code.
(2) The exercise of a power is subject to the fiduciary duties prescribed by this code.
History.--s. 8, ch. 2006-217.
Disclaimer: These codes may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.