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FLORIDA STATUTES AND CODES

709.03 Power of appointment; property held in trust.

709.03 Power of appointment; property held in trust.

If property subject to a power of appointment is held in trust by a person, firm or corporation other than the donee or donees of the power, a written release, in whole or in part, of a power to appoint the same shall be delivered to such trustee or trustees before the written release becomes legally effective. In no other instance shall a delivery of a release, in whole or in part, of a power of appointment be necessary to the validity of such release.

History. s. 2, ch. 23007, 1945.

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