660.28 Exemption from bond and other security as fiduciary.
72 words·~1 min read·
/fl/title-xxxviii/chapter-660/660-28·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A trust company or trust department maintaining security with the Chief Financial Officer as required by s. 660.27 shall not be required by the state or any of its political subdivisions or by a court of this state to furnish any bond or other security as a condition of, or in connection with, acting in any fiduciary capacity which such trust company or trust department is lawfully permitted to accept or assume.