736.1018 Improper distribution or payment; liability of distributee.—Any person who received a distribution or was paid improperly from a trust shall return the assets or funds received and the income from those assets or interest on the funds from the date of distribution or payment unless the distribution or payment cannot be questioned because of adjudication, estoppel, or limitations. If the person does not have the assets or funds, the value of the assets or funds at the date of disposition, income from the assets or funds, and gain received by the person from the assets or funds shall be returned.
History.—s. 10, ch. 2006-217.
Section: Previous 736.1005 736.1006 736.1007 736.1008 736.1009 736.1010 736.1011 736.1012 736.1013 736.1014 736.1015 736.1016 736.1017 736.1018Last modified: September 23, 2016