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The Florida Senate

2008 Florida Statutes

SECTION 0302
Representation by holder of power of appointment.
Section 736.0302, Florida Statutes 2008

736.0302  Representation by holder of power of appointment.--

(1)  The holder of a power of appointment may represent and bind persons whose interests, as permissible appointees, takers in default, or otherwise, are subject to the power.

(2)  Subsection (1) does not apply to:

(a)  Any matter determined by the court to involve fraud or bad faith by the trustee;

(b)  A power of a trustee to distribute trust property; or

(c)  A power of appointment held by a person while the person is the sole trustee.

History.--s. 3, ch. 2006-217.