Florida § 736.1406 Power of trust director

Florida Statutes

§ 736.1406 — Power of trust director

Florida § 736.1406

TitleXLII

Ch. 736FLORIDA TRUST CODE

This text of Florida § 736.1406 (Power of trust director) 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. § 736.1406 (2026).

Text

(1)Subject to s. 736.1407, relating to trust directors being subject to the same rules as a trustee regarding Social Security Act reimbursement requirements and charitable trust instruments, the terms of a trust may grant a power of direction to a trust director.

(2)A power of direction includes only those powers granted by the terms of the trust.

(3)Unless the terms of a trust provide otherwise:

(a)A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the trust director under subsection (1); and (b) Trust directors with joint powers must act by majority decision.

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(1) Subject to s. 736.1407, relating to trust directors being subject to the same rules as a trustee regarding Social Security Act reimbursement requirements and charitable trust instruments, the terms of a trust may grant a power of direction to a trust director.

(2) A power of direction includes only those powers granted by the terms of the trust.

(3) Unless the terms of a trust provide otherwise: (a) A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the trust director under subsection (1); and (b) Trust directors with joint powers must act by majority decision.