Florida § 736.1506 - Satisfaction of obligations.
Full text of Florida Florida Statutes § 736.1506 — Satisfaction of obligations., with citation guidance and answers to common questions.
§ 736.1506. Satisfaction of obligations.
Except as provided in s. 4, Art. X of the State Constitution: (1) An obligation solely incurred by one settlor spouse before or during the marriage may be satisfied from that settlor spouse’s one-half share of a community property trust, unless a greater amount is otherwise provided in the community property trust agreement. (2) An obligation incurred by both spouses during the marriage may be satisfied from a community property trust of the settlor spouses.
Frequently Asked Questions About Florida § 736.1506
What does Florida Statutes § 736.1506 cover?
Section 736.1506 ("Satisfaction of obligations.") 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 § 736.1506?
A common citation format is "Florida Statutes § 736.1506" (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 § 736.1506 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.