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The Florida Senate

2005 Florida Statutes

Trustee's standard of care and performance.
Section 737.302, Florida Statutes 2005

737.302  Trustee's standard of care and performance.--Except as otherwise provided by the trust instrument, the trustee shall observe the standards in s. 518.11 regarding investments by fiduciaries when dealing with the trust assets. If the trustee has special skills, or is named trustee on the basis of representations of special skills or expertise, the trustee is under a duty to use those skills.

History.--s. 1, ch. 74-106; s. 6, ch. 75-221; s. 13, ch. 93-257.