Florida Statute 660.28 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVIII
BANKS AND BANKING

Chapter 660
TRUST BUSINESS

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F.S. 660.28

660.28 Exemption from bond and other security as fiduciary.—A trust company or trust department maintaining security with the Chief Financial Officer as required by s. 660.27 shall not be required by the state or any of its political subdivisions or by a court of this state to furnish any bond or other security as a condition of, or in connection with, acting in any fiduciary capacity which such trust company or trust department is lawfully permitted to accept or assume.

History.—s. 3, ch. 28016, 1953; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 125, 151, 152, ch. 80-260; ss. 2, 3, ch. 81-318; s. 1, ch. 91-307; s. 1, ch. 92-303; s. 1810, ch. 2003-261.

Note.—Former s. 660.07.

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Amendments to 660.28

Arrestable Offenses / Crimes under Fla. Stat. 660.28

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 660.28.

Annotations, Discussions, Cases:

Cases Citing Statute 660.28

Total Results: 1

Lowrimore v. First Savings & Trust Co.

Court: Supreme Court of Florida | Date Filed: 1931-08-06

Citation: 102 Fla. 740, 140 So. 887

Snippet: 587. Whall vs. Converse,146 Mass. 345, 15 N.E. 660, 28 R. C. L. 234. The Chancellor below applied this