Florida § 736.1107 - Change in securities; accessions; nonademption.
Full text of Florida Florida Statutes § 736.1107 — Change in securities; accessions; nonademption., with citation guidance and answers to common questions.
§ 736.1107. Change in securities; accessions; nonademption.
A gift of specific securities, rather than their equivalent value, entitles the beneficiary only to: (1) As much of the gifted securities of the same issuer held by the trust estate at the time of the occurrence of the event entitling the beneficiary to distribution. (2) Any additional or other securities of the same issuer held by the trust estate because of action initiated by the issuer, excluding any acquired by exercise of purchase options. (3) Securities of another issuer held by the trust estate as a result of a merger, consolidation, reorganization, or other similar action initiated by the original issuer.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 736.1107
What does Florida Statutes § 736.1107 cover?
Section 736.1107 ("Change in securities; accessions; nonademption.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 736.1107?
A common citation format is "Florida Statutes § 736.1107" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 736.1107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.