Florida § 662.120 - Maximum number of designated relatives.
Full text of Florida Florida Statutes § 662.120 — Maximum number of designated relatives., with citation guidance and answers to common questions.
§ 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.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 662.120
What does Florida Statutes § 662.120 cover?
Section 662.120 ("Maximum number of designated relatives.") 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 § 662.120?
A common citation format is "Florida Statutes § 662.120" (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 § 662.120 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.