736.1406 Power of trust director.—(1) Subject to s. 736.1407, relating to trust directors being subject to the same rules as a trustee regarding Social Security Act reimbursement requirements and charitable trust instruments, the terms of a trust may grant a power of direction to a trust director.(2) A power of direction includes only those powers granted by the terms of the trust.(3) Unless the terms of a trust provide otherwise:(a) A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the trust director under subsection (1); and(b) Trust directors with joint powers must act by majority decision.History.—s. 17, ch. 2021-183.
Florida Legal Code