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§ 662.120 — Florida Law | CourtGPT
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  3. Florida/
  4. Title Xxxviii - Banks and Banking/
  5. Chapter 662 - Family Trust Companies662.10 - Short Title/
  6. § 662.120
Florida Legal Code

§ 662.120

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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.