Florida Statutes 662.114 – Family trust company and foreign licensed family trust company licensing not required
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 662.114
- Family trust company: means a corporation or limited liability company that:(a) Is exclusively owned by one or more family members. See Florida Statutes 662.111
- Foreign licensed family trust company: means a family trust company that:
(a) Is licensed by a state in the United States other than this state or the District of Columbia. See Florida Statutes 662.111- Licensed family trust company: means a family trust company that operates in accordance with this chapter and has been issued a license that has not been revoked or suspended by the office. See Florida Statutes 662.111
A family trust company or foreign licensed family trust company is not required to be a licensed family trust company.