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The 2024 Florida Statutes

Title XXXVIII BANKS AND BANKING Chapter 662 FAMILY TRUST COMPANIES View Entire Chapter 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.