{"data":{"id":"us-fl/fla.-stat.-662.120","jurisdiction":"us-fl","citation":"Fla. Stat. § 662.120","heading":"Maximum number of designated relatives.","body":"(1) A family trust company may not have more than one designated relative.\n(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.\nHistory.—s. 9, ch. 2014-97; s. 4, ch. 2016-35.","path":["CHAPTER 662 FAMILY TRUST COMPANIES"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0662/0662.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:29Z","sha256":"5af64e29f69b76c085e7d5c5209fec295f99bee30efad535287580a4501bbb1d","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-662.115","next":"us-fl/fla.-stat.-662.121"},"notice":"GroundRules: Original legal text. Not legal advice."}