2013 Regular Session



Estates and Trusts - Guardianship Accounts - Form and Limits

Sponsored by:

Delegate Vitale


Vetoed by the Governor (Duplicative)

Synopsis:Authorizing a guardian of the property of a minor or disabled person to petition the court to deposit cash belonging to the minor or disabled person in an amount not exceeding $200,000 into a single restricted account; requiring specified excess amounts to be deposited into additional restricted accounts not exceeding $200,000; and authorizing a deposit under the Act to be made into any type of account, including a certificate of deposit, in a specified financial institution or one that accepts deposits and is federally insured.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Delegate Vitale
Additional Facts:Cross-filed with: SB0168
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2013
Judiciary  View Committee HearingJudicial Proceedings
Broad Subject(s):Estates and Trusts
Courts and Court Personnel - Statewide
Narrow Subject(s):Courts -see also- Circuit; Appeals; District; Orphans'; etc.
Disabilities -see also- Blind; Deaf; Developmental
Estates and Trusts
Minors -see also- Age of Majority; Youth
Orphans' Court
Statutes:Article - Estates and Trusts

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 24, 2017 12:59 P.M.