Florida § 738.310 - Other rules.
Full text of Florida Florida Statutes § 738.310 — Other rules., with citation guidance and answers to common questions.
§ 738.310. Other rules.
Following the conversion of an income trust to a unitrust, the trustee shall consider the unitrust amount as paid from the following sources, which are listed in order of priority: (1) Net accounting income determined under this chapter as if the trust were not a unitrust; (2) Ordinary income not allocable to net accounting income; (3) Net realized short-term capital gains; (4) Net realized long-term capital gains; and (5) The principal of the trust.
Frequently Asked Questions About Florida § 738.310
What does Florida Statutes § 738.310 cover?
Section 738.310 ("Other rules.") 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 § 738.310?
A common citation format is "Florida Statutes § 738.310" (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 § 738.310 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.