§ 518.12, Fla. Stat. · Chapter 518. INVESTMENT OF FIDUCIARY FUNDS
Instrument creating or defining powers, duties of fiduciary not affected.
Text — 2026 Florida Statutes
Nothing contained in ss. 518.10-518.14 shall be construed as conferring a power of sale upon any fiduciary not possessing such power or as authorizing any departure from, or variation of, the express terms or limitations set forth in any will, agreement, court order, or other instrument creating or defining the fiduciary’s duties and powers, but the terms “legal investment” or “authorized investment” or words of similar import, as used in any such instrument, shall be taken to mean any investment which is permitted by the terms of s. 518.11.
Notes and commentary — not statutory text
History
s. 7, ch. 28154, 1953; s. 1, ch. 57-120.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0500-0599/0518/0518.html
- Text hash
- sha256 c4c2bf505bb6b4cec1d4c12c04f9eb98712acf49c247a9ab96cf688fa81fdad1
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.