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2014 Florida Statutes

SECTION 120
Maximum number of designated relatives.
F.S. 662.120
1662.120 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 not have more than two designated relatives, and the designated relatives may not have a common ancestor within five generations.
History.s. 9, ch. 2014-97.
1Note.Effective October 1, 2015.