Fla. Stat. 662.115
Applicability of chapter to a family trust company or foreign licensed family trust company

(1)

A family trust company that is not a licensed family trust company or a foreign licensed family trust company is subject to the provisions of this chapter unless the provisions are expressly limited in applicability to a licensed family trust company or foreign licensed family trust company.

(2)

A licensed family trust company is subject to the provisions of this chapter that expressly refer to a licensed family trust company or that are not expressly limited to a family trust company that is not a licensed family trust company or to a foreign licensed family trust company.

(3)

A foreign licensed family trust company is subject to the provisions of this chapter that expressly state that such provisions apply to a foreign licensed family trust company.

Source: Section 662.115 — Applicability of chapter to a family trust company or foreign licensed family trust company, https://www.­flsenate.­gov/Laws/Statutes/2024/0662.­115 (accessed Aug. 7, 2025).

662.10
Short title 662.102
Purposes 662.111
Definitions 662.112
Degrees of kinship 662.113
Applicability of other chapters of the financial institutions codes 662.114
Family trust company and foreign licensed family trust company licensing not required 662.115
Applicability of chapter to a family trust company or foreign licensed family trust company 662.120
Maximum number of designated relatives 662.121
Application for licensed family trust company 662.122
Registration of a family trust company or a foreign licensed family trust company 662.123
Organizational documents 662.124
Minimum capital account required 662.125
Directors or managers 662.126
Fidelity bonds 662.127
Segregation of books, records, and assets 662.128
Annual renewal 662.129
Discontinuing business 662.130
Powers of family trust companies, licensed family trust companies, and foreign licensed family trust companies 662.131
Prohibitions 662.132
Investments 662.133
Oaths, affidavits, and acknowledgments 662.134
Unlawful to advertise services 662.135
Service as court-appointed fiduciary 662.140
Rules 662.141
Examination, investigations, and fees 662.142
Revocation of license 662.143
Cease and desist authority 662.144
Failure to submit required report 662.145
Grounds for removal 662.146
Confidentiality of books and records 662.147
Records relating to the office examination 662.148
Public records exemption 662.150
Domestication of a foreign family trust company 662.151
Registration of a foreign licensed family trust company to operate in this state 662.1215
Investigation of license applicants 662.1225
Requirements for a family trust company, licensed family trust company, or foreign licensed family trust company 662.1465
Family trust company proceedings

Current through Fall 2025

§ 662.115. Applicability of chapter to a family trust company or foreign licensed family trust company's source at flsenate​.gov