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The Florida Senate

2009 Florida Statutes

SECTION 1018
Improper distribution or payment; liability of distributee.
Section 736.1018, Florida Statutes 2009

736.1018  Improper distribution or payment; liability of distributee.--Any person who received a distribution or was paid improperly from a trust shall return the assets or funds received and the income from those assets or interest on the funds from the date of distribution or payment unless the distribution or payment cannot be questioned because of adjudication, estoppel, or limitations. If the person does not have the assets or funds, the value of the assets or funds at the date of disposition, income from the assets or funds, and gain received by the person from the assets or funds shall be returned.

History.--s. 10, ch. 2006-217.