Florida Statute 662.120 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVIII
BANKS AND BANKING

Chapter 662
FAMILY TRUST COMPANIES

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F.S. 662.120

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 have up to two designated relatives. The designated relatives may not have a common ancestor within three generations.

History.—s. 9, ch. 2014-97; s. 4, ch. 2016-35.

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Amendments to 662.120

Arrestable Offenses / Crimes under Fla. Stat. 662.120

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 662.120.

Annotations, Discussions, Cases:

Cases Citing Statute 662.120

Total Results: 1

Hutchins & Co. v. Sherman

Court: Supreme Court of Florida | Date Filed: 1921-08-03

Citation: 82 Fla. 167, 89 So. 430

Snippet: 638; Brown v. West Riverside Coal Co., 143 la. 662, 120 N. E. Rep. 732. The applicable principle of law