Florida Statutes
§ 662.120 — Maximum number of designated relatives
Florida § 662.120
This text of Florida § 662.120 (Maximum number of designated relatives) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Fla. Stat. § 662.120 (2026).
Text
(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.
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Legislative History
s. 9, ch. 2014-97; s. 4, ch. 2016-35.
Nearby Sections
15
§ 662.10
Short title§ 662.102
Purposes; findings§ 662.111
Definitions§ 662.112
Degrees of kinship§ 662.115
Applicability of chapter to a family trust company or foreign licensed family trust company§ 662.1215
Investigation of license applicants§ 662.124
Minimum capital account required§ 662.125
Directors or managersCite This Page — Counsel Stack
Bluebook (online)
Florida § 662.120, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/662.120.