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FL S1320
Bill
Status
6/13/2014
Primary Sponsor
Governmental Oversight and Accountability
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AI Summary
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Creates section 662.148 of Florida Statutes establishing a public records exemption for personal identifying information held by the Office of Financial Regulation relating to family trust companies, licensed family trust companies, and foreign licensed family trust companies.
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Exempts from public disclosure personal identifying information in registration, application, certification, and examination records; reports of examinations and operations; shareholder or member lists; and information received from other jurisdictions that is confidential under their laws.
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Authorizes disclosure of exempted information to authorized company representatives, fidelity insurers, independent auditors, liquidators/receivers/conservators (with redactions of bondholder and customer identities), other regulatory agencies, and law enforcement.
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Permits publication of federal law reports and the company name and registered agent information, while establishing a third-degree felony penalty for willful disclosure of confidential information.
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Subjects the exemption to the Open Government Sunset Review Act and repeals it on October 2, 2019, unless reenacted by the Legislature.
Legislative Description
Public Records/Office of Financial Regulation
Last Action
Chapter No. 2014-102, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97)
6/13/2014