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Fla. Stat. § 736.0815 – Florida Statutes

Text of Fla. Stat. § 736.0815

General powers of trustee.—

(1) A trustee, without authorization by the court, may, except as limited or restricted by this code, exercise:

(a) Powers conferred by the terms of the trust.

(b) Except as limited by the terms of the trust:

1. All powers over the trust property that an unmarried competent owner has over individually owned property.

2. Any other powers appropriate to achieve the proper investment, management, and distribution of the trust property.

3. Any other powers conferred by this code.

(2) The exercise of a power is subject to the fiduciary duties prescribed by this code.

History of Fla. Stat. § 736.0815

Fla. Stat. § 736.0815 became law on July 1, 2007 as part of the Florida Trust Code. It has not been amended or revised since that date.