Florida Statute 662.120 - Full Text and Legal Analysis

The 2025 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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