662.145 – Grounds for Removal.
662.145 Grounds for removal.— (1) The office may issue and serve upon a licensed family trust company or a family trust company and a family trust company-affiliated party a complaint stating charges if the office has reason to believe that the family trust company-affiliated party is engaging or has engaged in conduct that: (a) Demonstrates that the company […]
663.0601 – After-the-fact licensure process in the event of the acquisition, merger, or consolidation of international banking corporations.
663.0601 After-the-fact licensure process in the event of the acquisition, merger, or consolidation of international banking corporations.—If an international banking corporation proposes to acquire, merge, or consolidate with an international banking corporation that presently operates an international branch, international bank agency, international administrative office, or international representative office licensed in this state, the office may authorize […]
662.146 – Confidentiality of Books and Records.
662.146 Confidentiality of books and records.— (1) The books and records of a family trust company, licensed family trust company, or foreign licensed family trust company are confidential and shall be made available for inspection and examination only: (a) To the office or its authorized representative; (b) To any person authorized to act for the company; (c) As compelled by […]
663.061 – International bank agencies; permissible activities.
663.061 International bank agencies; permissible activities.— (1) An international bank agency licensed under this part may make any loan, extension of credit, or investment which it could make if incorporated and operating as a bank organized under the laws of this state. An international bank agency may act as custodian and may furnish investment management, and investment […]
662.1465 – Family Trust Company Proceedings; Public Records Exemption.
662.1465 Family trust company proceedings; public records exemption.— (1) In proceedings under chapter 736 or chapter 738 in which a family trust company, licensed family trust company, or foreign licensed family trust company is a party, upon written notice from any party to the clerk that this section is applicable, the clerk shall keep all court records […]
662.147 – Records Relating to the Office Examination; Limited Restrictions on Public Access.
662.147 Records relating to the office examination; limited restrictions on public access.— (1) A family trust company, licensed family trust company, or foreign licensed family trust company shall keep at the office it is required to maintain pursuant to s. 662.1225 full and complete records of the names and residences of all the shareholders or members of […]
662.148 – Public Records Exemption.
662.148 Public records exemption.— (1) DEFINITIONS.—As used in this section, the term: (a) “Reports of examinations, operations, or conditions” means records submitted to or prepared by the office as part of the office’s duties performed pursuant to s. 655.012 or s. 655.045(1). (b) “Working papers” means the records of the procedure followed, the tests performed, the information obtained, and […]
662.150 – Domestication of a Foreign Family Trust Company.
662.150 Domestication of a foreign family trust company.— (1) A foreign family trust company lawfully organized and currently in good standing with the state regulatory agency in the jurisdiction where it is organized may become domesticated in this state by: (a) Filing with the Department of State articles of domestication and articles of incorporation in accordance with and […]
662.151 – Registration of a Foreign Licensed Family Trust Company to Operate in This State.
662.151 Registration of a foreign licensed family trust company to operate in this state.—A foreign licensed family trust company lawfully organized and currently in good standing with the state regulatory agency in the jurisdiction under the law of which it is organized may qualify to begin operations in this state by: (1) Filing an application with the […]
663.001 – Purpose.
663.001 Purpose.—The purpose of this part is to establish a legal and regulatory framework for the conduct by international banking corporations of financial services business in this state. This part is intended to: (1) Support the Florida operations of international banking corporations and promote the growth of international financial services to benefit the economy and consumers in […]