File Code: Estates and Trusts
Crossfiled with: SENATE BILL 632
- Sponsored By:
-
Delegates Dembrow and Finifter
- Entitled:
-
Estates and Trusts - Duties of Trustee
Limiting the duties of a trustee regarding the acquisition, retention,
or ownership of a contract of life insurance on the life of the
grantor of the trust or on the lives of the grantor and the grantor's
spouse, children, or grandchildren; and applying the Act to trusts
existing on or after the effective date of the Act.
House Action
- 1/31
- First Reading Judiciary
- 2/5
- Hearing 2/21 at 1:00 p.m.
- 2/24
- Favorable with Amendments Report by Judiciary
- 2/25
- Favorable with Amendments Report Adopted
- Special Order 2/26 (Delegate Brinkley) Adopted
- 2/26
- Second Reading Passed with Amendments
- 2/28
- Third Reading Passed (135-0)
- 3/30
- Returned Passed
- 5/22
- Governor vetoed - Cross-filed bill was signed
Senate Action
- 3/3
- First Reading Judicial Proceedings
- 3/31
- Favorable Report by Judicial Proceedings
- 4/1
- Favorable Report Adopted
- Second Reading Passed
- 4/2
- Third Reading Passed (47-0)
- Sponsored by:
- Delegate Dana Lee Dembrow, District 20
- Delegate Michael J. Finifter, District 11
- Bill indexed under the following Subjects:
- ESTATES AND TRUSTS -see also- FIDUCIARIES
- INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
- Bill affects the following Statute:
- Estates and Trusts
- (
15-115
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
- House
- Number: 491685/1 (PDF) Offered on: FEBRUARY 25, 1997 at: 10:40
Status: Adopted