There is a newer version
of
this Section
2017 Florida Statutes
TITLE XLII - ESTATES AND TRUSTS
Chapter 736 - FLORIDA TRUST CODE
Part IV - CREATION, VALIDITY, MODIFICATION, ANDTERMINATION (ss. 736.0401-736.0417)
736.0413 - Cy pres.
Universal Citation: FL Stat § 736.0413 (2017)
736.0413 Cy pres.—
(1) If a particular charitable purpose becomes unlawful, impracticable, impossible to achieve, or wasteful, the court may apply the doctrine of cy pres to modify or terminate the trust by directing that the trust property be applied or distributed, in whole or in part, in a manner consistent with the settlor’s charitable purposes.
(2) A proceeding to modify or terminate a trust under this section may be commenced by a settlor, a trustee, or any qualified beneficiary.
History.—s. 4, 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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
