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Fla. Stat. § 736.1003

Damages in absence of breach

Known as the Florida Trust Code

The act spans §§ 736.0101–736.1303 (135 sections).

History.--s. 10, ch. 2006-217.

Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.

Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.