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Fla. Stat. § 736.0413 – Florida Statutes

Text of Fla. Stat. § 736.0413

(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 of Fla. Stat. § 736.0413

Fla. Stat. § 736.0413 became law on July 1, 2007 as part of the Florida Trust Code. It has not been amended or revised since that date.