2001 Regular Session

HOUSE BILL 955

File Code: Estates and Trusts Crossfiled with: SENATE BILL 373
Sponsored By:
Delegate Dembrow
Entitled:
Maryland Uniform Transfer-on-Death Security Registration Act - Trust Companies

Synopsis:

Altering and adding definitions under the Maryland Uniform Transfer-on-Death Security Registration Act to allow securities held by trust companies other than in a fiduciary capacity to be transferred directly to a transferee designated by the owner of the securities after the death of the owner.

History by Legislative Date

House Action
2/9
First Reading Judiciary
2/13
Hearing 3/15 at 1:00 p.m.
3/20
Favorable Report by Judiciary
3/17
Favorable Report Adopted
Second Reading Passed
3/18
Third Reading Passed (138-0)
4/4
Returned Passed
5/17
Governor vetoed - Cross-filed bill was signed
Senate Action
3/22
First Reading Judicial Proceedings
4/6
Favorable Report by Judicial Proceedings
4/3
Favorable Report Adopted
Second Reading Passed
4/5
Third Reading Passed (44-0)
Bill indexed under the following Subjects:
BANKS AND TRUST COMPANIES
DEATH -see also- ADVANCE MEDICAL DIRECTIVES; WRONGFUL DEATH.
ESTATES AND TRUSTS
SECURITIES
UNIFORM LAWS
Bill affects the following Statute:
Estates and Trusts
( 16-101 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
House
March 18, 2001: Third Reading Passed (138-0)
Senate
April 5, 2001: Third Reading Passed (44-0)