Florida § 736.0807 - Delegation by trustee.
Full text of Florida Florida Statutes § 736.0807 — Delegation by trustee., with citation guidance and answers to common questions.
§ 736.0807. Delegation by trustee.
(1) A trustee may delegate duties and powers that a prudent trustee of comparable skills could properly delegate under the circumstances, including investment functions pursuant to s. 518.112. The trustee shall exercise reasonable care, skill, and caution in: (a) Selecting an agent. (b) Establishing the scope and terms of the delegation, consistent with the purposes and terms of the trust. (c) Reviewing the agent’s actions periodically, in order to monitor the agent’s performance and compliance with the terms of the delegation. (2) In performing a delegated function, an agent owes a duty to the trust to exercise reasonable care to comply with the terms of the delegation. (3) A trustee who complies with subsection (1) and, when investment functions are delegated, s. 518.112 is not liable to the beneficiaries or to the trust for an action of the agent to whom the function was delegated.
Frequently Asked Questions About Florida § 736.0807
What does Florida Statutes § 736.0807 cover?
Section 736.0807 ("Delegation by trustee.") 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 § 736.0807?
A common citation format is "Florida Statutes § 736.0807" (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 § 736.0807 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.