662.120 Maximum number of designated relatives.
38 words·~1 min read·
/fl/title-xxxviii/chapter-662/662-120·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.