Fla. Stat. 662.148
Public records exemption


(1)

DEFINITIONS.As used in this section, the term:“Reports of examinations, operations, or conditions” means records submitted to or prepared by the office as part of the office’s duties performed pursuant to s. 655.012 or s. 655.045(1).“Working papers” means the records of the procedure followed, the tests performed, the information obtained, and the conclusions reached in an examination under s. 655.032 or s. 655.045. The term also includes books and records.

(a)

“Reports of examinations, operations, or conditions” means records submitted to or prepared by the office as part of the office’s duties performed pursuant to s. 655.012 or s. 655.045(1).

(b)

“Working papers” means the records of the procedure followed, the tests performed, the information obtained, and the conclusions reached in an examination under s. 655.032 or s. 655.045. The term also includes books and records.

(2)

PUBLIC RECORDS EXEMPTION.The following information held by the office is confidential and exempt from s. 119.07(1) and s. 24(a), Art. I of the State Constitution:Any personal identifying information appearing in records relating to a registration, an application, or an annual certification of a family trust company, licensed family trust company, or foreign licensed family trust company.Any personal identifying information appearing in records relating to an examination of a family trust company, licensed family trust company, or foreign licensed family trust company.Any personal identifying information appearing in reports of examinations, operations, or conditions of a family trust company, licensed family trust company, or foreign licensed family trust company, including working papers.Any portion of a list of names of the shareholders or members of a family trust company, licensed family trust company, or foreign licensed family trust company.Information received by the office from a person from another state or nation or the Federal Government which is otherwise confidential or exempt pursuant to the laws of that state or nation or pursuant to federal law.An emergency cease and desist order issued under s. 662.143 until the emergency order is made permanent unless the office finds that such confidentiality will result in substantial risk of financial loss to the public.

(a)

Any personal identifying information appearing in records relating to a registration, an application, or an annual certification of a family trust company, licensed family trust company, or foreign licensed family trust company.

(b)

Any personal identifying information appearing in records relating to an examination of a family trust company, licensed family trust company, or foreign licensed family trust company.

(c)

Any personal identifying information appearing in reports of examinations, operations, or conditions of a family trust company, licensed family trust company, or foreign licensed family trust company, including working papers.

(d)

Any portion of a list of names of the shareholders or members of a family trust company, licensed family trust company, or foreign licensed family trust company.

(e)

Information received by the office from a person from another state or nation or the Federal Government which is otherwise confidential or exempt pursuant to the laws of that state or nation or pursuant to federal law.

(f)

An emergency cease and desist order issued under s. 662.143 until the emergency order is made permanent unless the office finds that such confidentiality will result in substantial risk of financial loss to the public.

(3)

AUTHORIZED RELEASE OF CONFIDENTIAL AND EXEMPT INFORMATION.Information made confidential and exempt under subsection (2) may be disclosed by the office:To the authorized representative or representatives of the family trust company, licensed family trust company, or foreign licensed family trust company under examination. The authorized representative or representatives shall be identified in a resolution or by written consent of the board of directors if the trust company is a corporation, or of the managers if the trust company is a limited liability company.To a fidelity insurance company, upon written consent of the trust company’s board of directors if a corporation, or its managers if a limited liability company.To an independent auditor, upon written consent of the trust company’s board of directors if a corporation, or its managers if a limited liability company.To a liquidator, receiver, or conservator for a family trust company, licensed family trust company, or foreign licensed family trust company if a liquidator, receiver, or conservator is appointed. However, any portion of the information which discloses the identity of a bondholder, customer, family member, member, or stockholder must be redacted by the office before releasing such portion to the liquidator, receiver, or conservator.To any other state, federal, or foreign agency responsible for the regulation or supervision of family trust companies, licensed family trust companies, or foreign licensed family trust companies.To a law enforcement agency in the furtherance of the agency’s official duties and responsibilities.To the appropriate law enforcement or prosecutorial agency for the purpose of reporting any suspected criminal activity.Pursuant to a legislative subpoena. A legislative body or committee that receives records or information pursuant to such a subpoena must maintain the confidential status of such records or information, except in a case involving the investigation of charges against a public official subject to impeachment or removal, in which case records or information shall only be disclosed to the extent necessary as determined by such legislative body or committee.

(a)

To the authorized representative or representatives of the family trust company, licensed family trust company, or foreign licensed family trust company under examination. The authorized representative or representatives shall be identified in a resolution or by written consent of the board of directors if the trust company is a corporation, or of the managers if the trust company is a limited liability company.

(b)

To a fidelity insurance company, upon written consent of the trust company’s board of directors if a corporation, or its managers if a limited liability company.

(c)

To an independent auditor, upon written consent of the trust company’s board of directors if a corporation, or its managers if a limited liability company.

(d)

To a liquidator, receiver, or conservator for a family trust company, licensed family trust company, or foreign licensed family trust company if a liquidator, receiver, or conservator is appointed. However, any portion of the information which discloses the identity of a bondholder, customer, family member, member, or stockholder must be redacted by the office before releasing such portion to the liquidator, receiver, or conservator.

(e)

To any other state, federal, or foreign agency responsible for the regulation or supervision of family trust companies, licensed family trust companies, or foreign licensed family trust companies.

(f)

To a law enforcement agency in the furtherance of the agency’s official duties and responsibilities.

(g)

To the appropriate law enforcement or prosecutorial agency for the purpose of reporting any suspected criminal activity.

(h)

Pursuant to a legislative subpoena. A legislative body or committee that receives records or information pursuant to such a subpoena must maintain the confidential status of such records or information, except in a case involving the investigation of charges against a public official subject to impeachment or removal, in which case records or information shall only be disclosed to the extent necessary as determined by such legislative body or committee.

(4)

PUBLICATION OF INFORMATION.This section does not prevent or restrict the publication of:A report required by federal law.The name of the family trust company, licensed family trust company, or foreign licensed family trust company and the name and address of the registered agent of that company.

(a)

A report required by federal law.

(b)

The name of the family trust company, licensed family trust company, or foreign licensed family trust company and the name and address of the registered agent of that company.

(5)

PENALTY.A person who willfully discloses information made confidential and exempt by this section commits a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.

Source: Section 662.148 — Public records exemption, https://www.­flsenate.­gov/Laws/Statutes/2024/0662.­148 (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

§ 662.148. Pub. records exemption's source at flsenate​.gov