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The Florida Senate

2009 Florida Statutes

Section 709.03, Florida Statutes 2009

709.03  Power of appointment; property held in trust.--If property subject to a power of appointment is held in trust by a person, firm or corporation other than the donee or donees of the power, a written release, in whole or in part, of a power to appoint the same shall be delivered to such trustee or trustees before the written release becomes legally effective. In no other instance shall a delivery of a release, in whole or in part, of a power of appointment be necessary to the validity of such release.

History.--s. 2, ch. 23007, 1945.