Fla. Stat. § 736.1506

Current through the 2024 Legislative Session
Section 736.1506 - Satisfaction of obligations

Except as provided in s. 4, Art. X of the State Constitution:

(1) An obligation solely incurred by one settlor spouse before or during the marriage may be satisfied from that settlor spouse's one-half share of a community property trust, unless a greater amount is otherwise provided in the community property trust agreement.
(2) An obligation incurred by both spouses during the marriage may be satisfied from a community property trust of the settlor spouses.

Fla. Stat. § 736.1506

s. 34, ch. 2021-183.
Added by 2021 Fla. Laws, ch. 183, s 34, eff. 7/1/2021.