Family trust company definition

Family trust company means a corporation or limited liability company organized under the laws of this state that meets all of the following requirements:
Family trust company means a chartered family trust company or a private family trust company that engages in trust company business exclusively for one (1) or more family members and does not engage in trust company business with the general public;
Family trust company means a corporation or limited liability company that:

Examples of Family trust company in a sentence

  • Section 662.114, Florida Statutes, is created213 to read:214 662.114 Family trust company and foreign licensed family215 trust company licensing not required.—A family trust company or216 foreign licensed family trust company is not required to be a217 licensed family trust company.218 Section 8.


More Definitions of Family trust company

Family trust company means a corporation or limited
Family trust company means (i) a trust company that is organized under the laws of this state and authorized to engage in trust business under RSA 383-D, or (ii) any entity that was organized as a family trust company under the prior laws of this state.
Family trust company means a corporation or limited liability company organized under the
Family trust company means a domestic trust company that does not exercise fiduciary powers for or on behalf of any person who is not a family client. A family trust company may be a licensed family trust company, an unlicensed family trust company or a multifamily trust company.
Family trust company means (i) a trust company that is organized under the

Related to Family trust company

  • trust corporation means a trust corporation (as defined in the Law of Property Act 1925) or a corporation entitled to act as a trustee pursuant to applicable foreign legislation relating to trustees.

  • U.S. Bank means U.S. Bank National Association.

  • Managing Director means the Managing Director of the Food Corporation of India.