Summary
Form OFR-162-01 will be amended to update the requirements a financial institution must meet in order to be a depository at which a licensed family trust company may maintain its deposit accounts. Form OFR-162-02 will be amended to update the requirements a financial institution must meet in order to be a depository at which a family trust company may maintain its deposit accounts. Form OFR-162-03 will be amended to update the requirements a financial institution must meet in order to be a depository at which a foreign licensed family trust company may maintain its deposit accounts. Rule 69U-162.006, F.A.C., and the incorporated Form OFR-162-04 will be amended to incorporate clarifying language from statute regarding the deadline for renewal applications.