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The Florida Senate

2010 Florida Statutes

Title XLII ESTATES AND TRUSTS
Chapter 736 FLORIDA TRUST CODE Entire Chapter
SECTION 0110
Others treated as qualified beneficiaries.
F.S. 736.0110
736.0110

Others treated as qualified beneficiaries.

—
(1)

A charitable organization expressly designated to receive distributions under the terms of a charitable trust has the rights of a qualified beneficiary under this code if the charitable organization, on the date the charitable organization’s qualification is being determined:

(a)

Is a distributee or permissible distributee of trust income or principal;

(b)

Would be a distributee or permissible distributee of trust income or principal on termination of the interests of other distributees or permissible distributees then receiving or eligible to receive distributions; or

(c)

Would be a distributee or permissible distributee of trust income or principal if the trust terminated on that date.

(2)

A person appointed to enforce a trust created for the care of an animal or another noncharitable purpose as provided in s. 736.0408 or s. 736.0409 has the rights of a qualified beneficiary under this code.

(3)

The Attorney General may assert the rights of a qualified beneficiary with respect to a charitable trust having its principal place of administration in this state.

History.
—

s. 1, ch. 2006-217.