2015 Florida Statutes
TITLE XXXVIII - BANKS AND BANKING
Chapter 662 - FAMILY TRUST COMPANIES
662.127 - Segregation of books, records, and assets; fiduciary assets not liable.
662.127 Segregation of books, records, and assets; fiduciary assets not liable.—
(1) Each family trust company and licensed family trust company shall maintain its fiduciary books and records separate and distinct from other records of the company and shall segregate all assets held in any fiduciary capacity from other assets of the company.
(2) Assets received or held in a fiduciary capacity by a family trust company or licensed family trust company are not subject to the debts or obligations of the company.
History.—s. 18, 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.
