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Fla. Stat. § 736.1012 – Florida Statutes

Text of Fla. Stat. § 736.1012

Beneficiary’s consent, release, or ratification.—A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the conduct constituting the breach, released the trustee from liability for the breach, or ratified the transaction constituting the breach, unless:

(1) The consent, release, or ratification of the beneficiary was induced by improper conduct of the trustee; or

(2) At the time of the consent, release, or ratification, the beneficiary did not know of the beneficiary’s rights or of the material facts relating to the breach.

History of Fla. Stat. § 736.1012

Fla. Stat. § 736.1012 became law on July 1, 2007 as part of the Florida Trust Code. It has not been amended or revised since that date.