The bill amends the Florida Trust Code to grant the Attorney General exclusive standing to assert the rights of beneficiaries of charitable trusts in judicial proceedings, both within Florida and elsewhere. This change prohibits public officers from other states from asserting such rights. Specifically, the bill modifies section 736.0110 to clarify that the Attorney General can assert rights related to the administration of charitable trusts, including claims concerning distributions and trustee powers. Additionally, it amends sections 736.0106 and 736.0405 to ensure consistency with the new provisions regarding the Attorney General's standing.

Furthermore, the bill reenacts certain provisions in section 738.303 to incorporate the amendments made to section 736.0110. These provisions outline the authority of fiduciaries and the requirements for notifying qualified beneficiaries about actions taken under the trust. The bill is set to take effect upon becoming law, reinforcing the Attorney General's role in overseeing charitable trusts in Florida.

Statutes affected:
H 1173 Filed: 736.0110, 736.0106, 736.0405