662.120 - Maximum Number of Designated Relatives.

FL Stat § 662.120 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(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.