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2006 Florida Statutes
SECTION 302
Trustee's standard of care and performance.
Trustee's standard of care and performance.
1737.302 Trustee's standard of care and performance.--Except as otherwise provided by the trust instrument, the trustee shall observe the standards in s. 518.11 regarding investments by fiduciaries when dealing with the trust assets. If the trustee has special skills, or is named trustee on the basis of representations of special skills or expertise, the trustee is under a duty to use those skills.
History.--s. 1, ch. 74-106; s. 6, ch. 75-221; s. 13, ch. 93-257; s. 48, ch. 2006-217.
1Note.--Repealed July 1, 2007, by s. 48, ch. 2006-217.