Florida Senate - 2015                        COMMITTEE AMENDMENT
       Bill No. SB 568
       
       
       
       
       
       
                                Ì437510tÎ437510                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/04/2015           .                                
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       The Committee on Banking and Insurance (Richter) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 305 - 315
    4  and insert:
    5  may conduct an examination or investigation of a family trust
    6  company, licensed family trust company, or foreign licensed
    7  family trust company at any time it deems necessary to determine
    8  whether the a family trust company, licensed family trust
    9  company, foreign licensed family trust company, or licensed
   10  family trust company-affiliated party thereof person has
   11  violated or is about to violate any provision of this chapter,
   12  or rules adopted by the commission pursuant to this chapter, or
   13  any applicable provision of the financial institution codes, or
   14  any rule rules adopted by the commission pursuant to this
   15  chapter or the such codes. The office may conduct an examination
   16  or investigation of a family trust company or foreign licensed
   17  family trust company at any time it deems necessary to determine
   18  whether the family trust company or foreign licensed family
   19  trust company has engaged in any act prohibited under s. 662.131
   20  or s. 662.134 and, if a family trust company or a foreign
   21  licensed family trust company has engaged in such act, to
   22  determine whether any applicable provision of the financial
   23  institution codes has been violated.
   24  
   25  ================= T I T L E  A M E N D M E N T ================
   26  And the title is amended as follows:
   27         Delete line 33
   28  and insert:
   29         companies; amending s. 662.141, F.S.; revising the
   30         purposes for which the office may examine or
   31         investigate a family trust company that is not
   32         licensed and a foreign licensed family trust company;
   33         deleting the