2015 Florida Statutes
TITLE XXXVIII - BANKS AND BANKING
Chapter 662 - FAMILY TRUST COMPANIES
662.120 - Maximum number of designated relatives.

FL Stat § 662.120 (2015) What's This?

662.120 Maximum number of designated relatives.—

(1) A family trust company may not have more than one designated relative.

(2) A licensed family trust company may not have more than two designated relatives, and the designated relatives may not have a common ancestor within five generations.

History.—s. 9, ch. 2014-97.

Disclaimer: These codes may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.