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Fla. Stat. § 736.1413 – Florida Statutes

Text of Fla. Stat. § 736.1413

Limitation of action against trust director.—

(1) An action against a trust director for breach of trust must be commenced within the same limitation period for an action for breach of trust against a trustee in a like position and under similar circumstances under s. 736.1008, relating to limitations on proceedings against trustees.

(2) A trust accounting or any other written report of a trustee or a trust director has the same effect on the limitation period for an action against a trust director for breach of trust that such trust accounting or written report would have under s. 736.1008, relating to limitations on proceedings against trustees, in an action for breach of trust against a trustee in a like position and under similar circumstances.

History of Fla. Stat. § 736.1413

Fla. Stat. § 736.1413 became law on July 1, 2021 as part of the Florida Uniform Directed Trust Act. It has not been amended or revised since that date.

Cases Citing Fla. Stat. § 736.1413

Currently, no cases cite or reference Fla. Stat. § 736.1413.