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2021 Florida Statutes (Including 2021B Session)
SECTION 120
Maximum number of designated relatives.
Maximum number of designated relatives.
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.