Florida § 662.127 Segregation of books, records, and assets; fiduciary assets not liable

Florida Statutes

§ 662.127 — Segregation of books, records, and assets; fiduciary assets not liable

Florida § 662.127

TitleXXXVIII

Ch. 662FAMILY TRUST COMPANIES

This text of Florida § 662.127 (Segregation of books, records, and assets; fiduciary assets not liable) 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. § 662.127 (2026).

Text

(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.

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(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.