Florida Statutes Part I - General Provisions And Definitions (Ss. 736.0101-736.0112)

• 736.0101 - Short Title.
  This chapter may be cited as the “Florida Trust Code” and for purposes of this chapter is referred to as the “code.”History.—s. 1, ch. 2006-217.
• 736.0102 - Scope.
  (1) Except as otherwise provided in this section, this code applies to express trusts, charitable or noncharitable, and trusts created pursuant to a law, judgment, or...
• 736.0103 - Definitions.
  Unless the context otherwise requires, in this code:(1) “Action,” with respect to an act of a trustee, includes a failure to act.(2) “Affiliate” means any person or...
• 736.0104 - Knowledge.
  (1) Subject to subsection (2), a person has knowledge of a fact if the person:(a) Has actual knowledge of the fact;(b) Has received a notice or notification of...
• 736.0105 - Default And Mandatory Rules.
  (1) Except as otherwise provided in the terms of the trust, this code governs the duties and powers of a trustee, relations among trustees, and the...
• 736.0106 - Common Law Of Trusts; Principles Of Equity.
  The common law of trusts and principles of equity supplement this code, except to the extent modified by this code or another law of this...
• 736.0107 - Governing Law.
  The meaning and effect of the terms of a trust are determined by:(1) The law of the jurisdiction designated in the terms of the trust, provided...
• 736.0108 - Principal Place Of Administration.
  (1) Terms of a trust designating the principal place of administration of the trust are valid only if there is a sufficient connection with the designated...
• 736.0109 - Methods And Waiver Of Notice.
  (1) Notice to a person under this code or the sending of a document to a person under this code must be accomplished in a manner...
• 736.0110 - Others Treated As Qualified Beneficiaries.
  (1) A charitable organization expressly designated to receive distributions under the terms of a charitable trust has the rights of a qualified beneficiary under this code...
• 736.0111 - Nonjudicial Settlement Agreements.
  (1) For purposes of this section, the term “interested persons” means persons whose interest would be affected by a settlement agreement.(2) Except as otherwise provided in subsection...
• 736.0112 - Qualification Of Foreign Trustee.
  Unless otherwise doing business in this state, local qualification by a foreign trustee is not required for the trustee to receive distribution from a local...

Last modified: September 23, 2016