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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Estates and Trusts - Rule Against Perpetuities - Exception for Tenant's Option to Purchase
Sponsored by
Delegate Rosenberg
Status
In the House - First Reading House Rules and Executive Nominations
Analysis
Synopsis
Limiting a statutory exception to the common-law rule against perpetuities that provides that the rule does not apply to an option of a tenant to purchase all or part of the premises leased by the tenant to an option that is exercisable only during the term of the lease; and providing for the prospective application of the Act.
Committees
Details
Bill File Type: Regular
Effective Date(s): October 1, 2019
History
Legislation History
Chamber
House
Calendar Date
2/18/2019
Legislative Date
2/18/2019
Action
First Reading House Rules and Executive Nominations
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/18/2019 2/18/2019 First Reading House Rules and Executive Nominations
Text - First - Estates and Trusts - Rule Against Perpetuities - Exception for Tenant's Option to Purchase
File Code
Subjects
Statutes
Last Updated: 2/3/2020 2:32 PM