2010 Florida Code
TITLE XLII ESTATES AND TRUSTS
Chapter 736 FLORIDA TRUST CODE
PART XIII DUTIES AND POWERS OF TRUSTEE(ss. 736.0801-736.0817)
736.0810 Recordkeeping and identification of trust property.
736.0810 Recordkeeping and identification of trust property.
(1) A trustee shall keep clear, distinct, and accurate records of the administration of the trust.
(2) A trustee shall keep trust property separate from the trustee’s own property.
(3) Except as otherwise provided in subsection (4), a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.
(4) If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts.
History. s. 8, ch. 2006-217.
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