Section 663.4001 - PurposeThe purpose of this part is to establish a legal and regulatory framework for the conduct by international trust entities of financial services business in this state. This part is intended to:
(1) Support the Florida operations of international trust entities and promote the growth of international financial services to benefit the economy and consumers in this state.(2) Provide for appropriate supervision and regulatory oversight to ensure that financial services activities of international trust entities in this state are conducted responsibly and in a safe and sound manner.Added by 2017 Fla. Laws, ch. 83, s 21, eff. 1/1/2018.Part III added by 2017 Fla. Laws, ch. 83, s 20, eff. 1/1/2018.