518.116 – Power of Certain Fiduciaries and Custodians to Deposit United States Government and Agency Securities With a Federal Reserve Bank.
518.116 Power of certain fiduciaries and custodians to deposit United States Government and agency securities with a Federal Reserve bank.— (1)(a) Notwithstanding any other provision of law, any fiduciary, as defined in s. 518.10, which is a bank or trust company holding securities in its fiduciary capacity, and any bank or trust company holding securities as a […]
518.117 – Permissible Investments of Fiduciary Funds.
518.117 Permissible investments of fiduciary funds.—A fiduciary that is authorized by lawful authority to engage in trust business as defined in s. 658.12 may invest fiduciary funds in accordance with s. 660.417 so long as the investment otherwise complies with this chapter. History.—s. 15, ch. 2006-217; s. 3, ch. 2022-178.
518.12 – Instrument Creating or Defining Powers, Duties of Fiduciary Not Affected.
518.12 Instrument creating or defining powers, duties of fiduciary not affected.—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 […]
518.13 – Authority of Court to Permit Deviation From Terms of Instrument Creating Trust Not Affected.
518.13 Authority of court to permit deviation from terms of instrument creating trust not affected.—Nothing contained in ss. 518.10-518.14 shall be construed as restricting the power of a court of proper jurisdiction to permit a fiduciary to deviate from the terms of any will, agreement, or other instrument relating to the acquisition, investment, reinvestment, exchange, retention, […]
518.14 – Scope of Ss. 518.10-518.13.
518.14 Scope of ss. 518.10-518.13.—The provisions of ss. 518.10-518.13 shall govern fiduciaries acting under wills, agreements, court orders, and other instruments now existing or hereafter made. History.—s. 9, ch. 28154, 1953.
518.01 – Investments of Funds Received From United States Department of Veterans Affairs.
518.01 Investments of funds received from United States Department of Veterans Affairs.—Subject to the conditions herein contained, and except as otherwise authorized by law, guardians holding funds received from, or currently in receipt of funds from, the United States Department of Veterans Affairs, to the extent of those funds alone, may invest such funds only in […]
518.06 – Investment of Fiduciary Funds in Loans Insured by Federal Housing Administrator.
518.06 Investment of fiduciary funds in loans insured by Federal Housing Administrator.—Banks, savings banks, trust companies, building and loan associations, insurance companies, and guardians holding funds received from or currently in receipt of funds from the United States Department of Veterans Affairs to the extent of those funds alone, may: (1) Make such loans and advances of […]
518.07 – Investment of Fiduciary Funds in Bonds, etc., Issued by Federal Housing Administrator.
518.07 Investment of fiduciary funds in bonds, etc., issued by Federal Housing Administrator.— (1) Banks, savings banks, trust companies, building and loan associations, insurance companies, guardians holding funds received from or currently in receipt of funds from the United States Department of Veterans Affairs to the extent of those funds alone, the state and its political subdivisions, […]