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The Florida Senate

2005 Florida Statutes

SECTION 505
Notice that this part does not apply.
Section 737.505, Florida Statutes 2005

737.505  Notice that this part does not apply.--In the case of a power to make distributions, if the trustee determines that the governing instrument contains provisions that are more restrictive than s. 737.504(2), or if the trust contains other powers, inconsistent with the provisions of s. 737.504(3) that specifically direct acts by the trustee, the trustee shall notify the state attorney within 6 months after November 1, 1971, or when the trust becomes subject to this part, whichever last occurs. Section 737.504 shall not apply to any trust for which notice has been given unless the trust is amended to comply with the terms of this part.

History.--s. 1, ch. 74-106; s. 12, ch. 75-221.

Note.--Created from former s. 691.15.