Florida Statute 662.127 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVIII
BANKS AND BANKING

Chapter 662
FAMILY TRUST COMPANIES

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F.S. 662.127

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.

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Amendments to 662.127

Arrestable Offenses / Crimes under Fla. Stat. 662.127

Level: Degree
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Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 662.127.

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