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Florida Statute 660.39 - Full Text and Legal Analysis
Florida Statute 660.39 | Lawyer Caselaw & Research
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The 2025 Florida Statutes

Title XXXVIII
BANKS AND BANKING
Chapter 660
TRUST BUSINESS
View Entire Chapter
660.39 Sales between fiduciary accounts.—A trust company or a trust department may sell assets held by it in one fiduciary account to itself as fiduciary of another fiduciary account if the transaction is fair to both fiduciary accounts and if such transaction is not prohibited by the terms of the governing instrument of either fiduciary account.
History.—ss. 137, 152, ch. 80-260; ss. 2, 3, ch. 81-318; s. 1, ch. 91-307; s. 1, ch. 92-303.

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This Florida statute resource is curated by Graham W. Syfert, Esq., a Jacksonville, Florida personal injury and workers' compensation attorney. For legal consultation, call 904-383-7448.