Fla. Stat. 736.1406
Power of trust director

(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 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); andTrust directors with joint powers must act by majority decision.

(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.

Source: Section 736.1406 — Power of trust director, https://www.­flsenate.­gov/Laws/Statutes/2024/0736.­1406 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 736.1406. Power of trust director's source at flsenate​.gov