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Terms Used In Florida Statutes 738.101

  • Income: means money or other property a fiduciary receives as current return from principal. See Florida Statutes 738.102
  • Principal: means property held in trust for distribution to, production of income for, or use by a current or successor beneficiary. See Florida Statutes 738.102
This chapter may be cited as the “Florida Uniform Fiduciary Income and Principal Act.”