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Florida · Through 2026 Florida Statutes

Fla. Stat. § 736.1018: Improper distribution or payment; liability of distributee.

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  1. CHAPTER 736 FLORIDA TRUST CODE

Any person who received a distribution or was paid improperly from a trust shall return the assets or funds received and the income from those assets or interest on the funds from the date of distribution or payment unless the distribution or payment cannot be questioned because of adjudication, estoppel, or limitations. If the person does not have the assets or funds, the value of the assets or funds at the date of disposition, income from the assets or funds, and gain received by the person from the assets or funds shall be returned.

History.—s. 10, ch. 2006-217.

Collected 2026-08-27T02:13:29Z. Source file · JSON

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