2023 Florida Statutes
< Back to Statute SearchTitle XL REAL AND PERSONAL PROPERTY
Chapter 717
DISPOSITION OF UNCLAIMED PROPERTY
SECTION 1125Property held by fiduciaries under trust instruments.
717.1125 Property held by fiduciaries under trust instruments.—All intangible property and any income or increment thereon held in a fiduciary capacity for the benefit of another person under a trust instrument is presumed unclaimed unless the owner has, within 2 years after it has become payable or distributable, increased or decreased the principal, accepted payment of principal or income, communicated concerning the property, or otherwise indicated an interest as evidenced by a memorandum or other record on file with the fiduciary.
History.—s. 4, ch. 2013-172.