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2005 Florida Statutes
Power to amend trust instrument.
737.506 Power to amend trust instrument.--
(1) In the case of a trust that is solely for a named charitable organization or organizations and for which the trustee does not possess any discretion concerning the distribution of income or principal among two or more such organizations, the trustee may amend the governing instrument to comply with the provisions of s. 737.504(2) with the consent of the named charitable organization or organizations.
(2) In the case of a charitable trust that is not subject to the provisions of subsection (1), the trustee may amend the governing instrument to comply with the provisions of s. 737.504(2) with the consent of the state attorney.
History.--s. 1, ch. 74-106; s. 12, ch. 75-221.
Note.--Created from former s. 691.16.