{"data":{"id":"us-fl/fla.-stat.-738.308","jurisdiction":"us-fl","citation":"Fla. Stat. § 738.308","heading":"Period.","body":"(1) A unitrust policy must provide the period used under ss. 738.306 and 738.307. The period must be the calendar year.\n(2) A unitrust policy may provide standards for:\n(a) Using fewer preceding periods under s. 738.306(1)(b)1. or (2)(a) or (b) if:\n1. The trust was not in existence in a preceding period; or\n2. Market indices or other published data are not available for a preceding period;\n(b) Using fewer preceding periods under s. 738.307(2)(e) if:\n1. The trust was not in existence in a preceding period; or\n2. Fair market values are not available for a preceding period; and\n(c) Prorating a unitrust amount on a daily basis for a part of a period in which the trust or the administration of the trust as a unitrust or the interest of any beneficiary commences or terminates.\nHistory.—s. 17, ch. 2024-216.","path":["CHAPTER 738 UNIFORM FIDUCIARY INCOME AND PRINCIPAL ACT"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0700-0799/0738/0738.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:13:31Z","sha256":"1ec97ca81c6145c7c7507e3d69b5db5f370792853ffb4181b13e60e04a48a5d7","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-738.307","next":"us-fl/fla.-stat.-738.309"},"notice":"GroundRules: Original legal text. Not legal advice."}