|
|
The 2024 Florida Statutes
(including 2025 Special Session C)
|
|
|
|
|
F.S. 69.03169.031 Designated financial institutions for property in hands of guardians, curators, administrators, trustees, receivers, or other officers.—(1) When it is expedient in the judgment of any court having jurisdiction of any estate in process of administration by any guardian, curator, executor, administrator, trustee, receiver, or other officer, because the size of the bond required of the officer is burdensome or for other cause, the court may order part or all of the personal property of the estate placed with a bank, trust company, or savings and loan association designated by the court, consideration being given to any bank, trust company, or savings and loan association proposed by the officer. Notwithstanding the foregoing, in probate proceedings and in accordance with s. 733.402, the court shall allow the officer at any time to elect to post and maintain bond for the value of the personal property, or such other reasonable amount determined by the court, whereupon the court shall vacate or terminate any order establishing the depository. When the property is placed with the designated financial institution, it shall file a receipt therefor in the name of the estate and give the officer a copy. Such receipt shall acknowledge the property received by the financial institution. All interest, dividends, principal and other debts collected by the financial institution on account thereof shall be held by the financial institution in safekeeping, subject to the instructions of the officer authorized by order of the court directed to the financial institution. (2) Accountings shall be made to the officer at reasonably frequent intervals. After the receipt for the original property has been filed by the financial institution, the court shall waive the bond given or to be given or reduce it so that it shall apply only to the estate remaining in the hands of the officer, whichever the court deems proper. (3) When the court has ordered any property of an estate to be placed with a designated financial institution, any person or corporation having possession or control of any of the property, or owing interest, dividends, principal or other debts on account thereof, shall pay and deliver such property, interest, dividends, principal and other debts to the financial institution on its demand whether the officer has duly qualified or not, and the receipt of the financial institution relieves the person or corporation from further responsibility therefor. (4) Any bank, trust company, or savings and loan association which is designated under this section, may accept or reject the designation in any instance, and shall file its acceptance or rejection with the court making the designation within 15 days after actual knowledge of the designation comes to the attention of the financial institution, and if the financial institution accepts, it shall be allowed a reasonable amount for its services and expenses which the court may allow as a charge against the property placed with the financial institution. History.—ss. 1, 2, 3, ch. 21980, 1943; s. 1, ch. 57-198; s. 23, ch. 67-254; s. 1, ch. 2021-183; s. 1, ch. 2021-239. Note.—Former s. 69.15.
| |
Annotations, Discussions, Cases:
Cases Citing Statute 69.031
Total Results: 16
764 F. Supp. 176, 1991 U.S. Dist. LEXIS 11434, 1991 WL 84548
District Court, S.D. Florida | Filed: May 20, 1991 | Docket: 2174229
Cited 30 times | Published
designated by the court pursuant to Fla.Stat. § 69.031. Brickell Banc was not informed of the order and
61 So. 3d 1222, 2011 Fla. App. LEXIS 7200, 2011 WL 1877839
District Court of Appeal of Florida | Filed: May 18, 2011 | Docket: 60300401
Cited 4 times | Published
1992). Regarding the Estate’s second argument, section 69.031(1), Florida Statutes (2010), and the cases
District Court of Appeal of Florida | Filed: Sep 21, 2022 | Docket: 65363950
Published
could restrict the sale proceeds under either section
69.031(1), Florida Statutes (2021), or section 736
Supreme Court of Florida | Filed: Nov 4, 2021 | Docket: 60698371
Published
notes revised.
Statutory References
§ 69.031, Fla. Stat. Designated financial institutions
Supreme Court of Florida | Filed: Feb 18, 2021 | Docket: 59299022
Published
guardianships.
Statutory References
§ 69.031, Fla. Stat. Designated financial institutions
Supreme Court of Florida | Filed: Dec 31, 2020 | Docket: 27333564
Published
guardianships.
Statutory References
§ 69.031, Fla. Stat. Designated financial institutions
Supreme Court of Florida | Filed: Sep 3, 2020 | Docket: 18407701
Published
financial institution
designated pursuant to section 69.031, Florida Statutes.
13. ( )
263 So. 3d 78
District Court of Appeal of Florida | Filed: Jan 9, 2019 | Docket: 64702713
Published
policy without finding "other cause" under section 69.031(1), Florida Statutes (2017). We affirm because
263 So. 3d 78
District Court of Appeal of Florida | Filed: Jan 9, 2019 | Docket: 64702712
Published
policy without finding "other cause" under section 69.031(1), Florida Statutes (2017). We affirm because
District Court of Appeal of Florida | Filed: Jan 9, 2019 | Docket: 8485185
Published
policy without finding “other cause” under section
69.031(1), Florida Statutes (2017). We affirm because
948 So. 2d 735, 32 Fla. L. Weekly Supp. 79, 2007 Fla. LEXIS 132, 2007 WL 268753
Supreme Court of Florida | Filed: Feb 1, 2007 | Docket: 64849101
Published
court or required by statute.
Statutory References
§ 69.031, Fla. Stat. Designated financial institutions
848 So. 2d 1069, 28 Fla. L. Weekly Supp. 495, 2003 Fla. LEXIS 1063, 2003 WL 21402500
Supreme Court of Florida | Filed: Jun 19, 2003 | Docket: 64823856
Published
Committee notes revised.
Statutory References
§ 69.031, Fla. Stat. Designated financial institutions
778 So. 2d 272, 25 Fla. L. Weekly Supp. 730, 2000 Fla. LEXIS 1905, 2000 WL 1424512
Supreme Court of Florida | Filed: Sep 28, 2000 | Docket: 64803740
Published
number of proposed guardian.
Statutory References
§ 69.031, Fla. Stat. Designated financial institutions
639 So. 2d 646, 1994 Fla. App. LEXIS 6519
District Court of Appeal of Florida | Filed: Jul 5, 1994 | Docket: 64749637
Published
controlled interest bearing account pursuant to section '69.031, Florida Statutes. GSW deposited the funds
140 B.R. 917, 1992 Bankr. LEXIS 884
United States Bankruptcy Court, S.D. Florida. | Filed: Jun 2, 1992 | Docket: 65780358
Published
explicit by subsections (2) and (3) of Fla.Stat. § 69.031. Subsection (2)4 requires that the Court, after
571 So. 2d 114, 1990 Fla. App. LEXIS 9573, 1990 WL 205505
District Court of Appeal of Florida | Filed: Dec 19, 1990 | Docket: 64654982
Published
Federal to supervise disbursements pursuant to section 69.031, Florida Statutes (1989), the money could have
