Florida § 727.116 - Assignee’s final report and discharge.
Full text of Florida Florida Statutes § 727.116 — Assignee’s final report and discharge., with citation guidance and answers to common questions.
§ 727.116. Assignee’s final report and discharge.
(1) Upon distribution of all assets of the estate, the assignee shall petition the court for his or her discharge upon notice and a hearing in accordance with s. 727.111(5). (2) The assignee’s final report setting forth all receipts and disbursements of the estate shall be annexed to the petition for discharge and filed with the court. (3) Upon approval of the final report, the court shall discharge the assignee and release his or her bond. (4) The assignee’s discharge shall have the effect of releasing him or her from any duties, liabilities, and responsibilities as assignee pursuant to the provisions of the assignment and this chapter.
Frequently Asked Questions About Florida § 727.116
What does Florida Statutes § 727.116 cover?
Section 727.116 ("Assignee’s final report and discharge.") 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 § 727.116?
A common citation format is "Florida Statutes § 727.116" (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 § 727.116 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.