Florida § 662.131 - Prohibitions.
Full text of Florida Florida Statutes § 662.131 — Prohibitions., with citation guidance and answers to common questions.
§ 662.131. Prohibitions.
Notwithstanding any provision of this chapter, a family trust company, licensed family trust company, or foreign licensed family trust company may not: (1) Engage in commercial banking; however, it may establish accounts at financial institutions for its own purposes or on behalf of family members to whom it provides services pursuant to this chapter. (2) Engage in fiduciary services with the public unless licensed pursuant to chapter 658. (3) Serve as a personal representative or a copersonal representative of a probate estate administered in this state. (4) Serve as an attorney in fact or agent, including as a co-attorney in fact or co-agent, under a power of attorney pursuant to chapter 709.
Frequently Asked Questions About Florida § 662.131
What does Florida Statutes § 662.131 cover?
Section 662.131 ("Prohibitions.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 662.131?
A common citation format is "Florida Statutes § 662.131" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 662.131 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.