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2006 Florida Statutes

Section 736.0804, Florida Statutes 2006

1736.0804  Prudent administration.--A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.

History.--s. 8, ch. 2006-217.

1Note.--Effective July 1, 2007.