Florida Statutes
§ 660.415 — Investment by trust companies, trust departments, trustees, and fiduciaries
Florida § 660.415
This text of Florida § 660.415 (Investment by trust companies, trust departments, trustees, and fiduciaries) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Fla. Stat. § 660.415 (2026).
Text
In the absence of an express provision to the contrary, when a governing instrument directs, requires, authorizes, or permits investment in United States Government obligations, a trust company, trust department, trustee, or other fiduciary may invest in such obligations, either directly or in the form of securities of, or other interests in, any open-end or closed-end management-type investment company or investment trust registered under the Investment Company Act of 1940, 15 U.S.C. ss. 80a-1 et seq., or a duly authorized common trust fund. However, the portfolio of such investment company, investment trust, or common trust fund is limited to United States Government obligations and repurchase agreements fully collateralized by such United States Government obligations and any such inves
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
s. 40, ch. 85-82; s. 1, ch. 91-307; ss. 1, 146, ch. 92-303.
Nearby Sections
15
§ 660.25
Definitions§ 660.26
Trust department licensing§ 660.265
Examination fees§ 660.29
Use of personnel and facilities§ 660.33
Trust service offices§ 660.34
General powers§ 660.36
Fiduciary agency contracts§ 660.39
Sales between fiduciary accountsCite This Page — Counsel Stack
Bluebook (online)
Florida § 660.415, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/660.415.