Florida § 717.12406 - Joint ownership of abandoned securities or dividends.
Full text of Florida Florida Statutes § 717.12406 — Joint ownership of abandoned securities or dividends., with citation guidance and answers to common questions.
§ 717.12406. Joint ownership of abandoned securities or dividends.
For the purpose of determining joint ownership of abandoned securities or dividends, the term: (1) “TEN COM” means tenants in common. (2) “TEN ENT” means tenants by the entireties. (3) “JT TEN” or “JT” means joint tenants with the right of survivorship and not as tenants in common. (4) “And” means tenants in common with each person entitled to an equal pro rata share. (5) “Or” means that each person listed on the account is entitled to all of the funds.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 717.12406
What does Florida Statutes § 717.12406 cover?
Section 717.12406 ("Joint ownership of abandoned securities or dividends.") 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 § 717.12406?
A common citation format is "Florida Statutes § 717.12406" (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 § 717.12406 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.