CHAPTER NUMBER: 669
File Code: Estates and Trusts
Prior Year Introduction As: HB 598/00 - JUD
Crossfiled with: SENATE BILL 585
- Sponsored By:
-
Delegates Doory, Taylor, Dobson, Kirk, McIntosh, Montague, and
Wood
- Entitled:
-
Estates and Trusts - Corporate Fiduciaries and Successor Corporate
Fiduciaries - Qualifications and Liabilities
Authorizing a corporate fiduciary to attribute to its capital and
surplus, for purposes of qualifying as a fiduciary with respect to a
capital requirement, the capital and surplus of a corporation with its
principal offices in the State if the corporate fiduciary is a trust
company and a wholly owned subsidiary of the corporation; and making
such a corporation jointly and severally liable with a successor
corporate fiduciary.
House Action
- 2/5
- First Reading Judiciary
- 2/13
- Hearing 3/2 at 1:00 p.m.
- 3/12
- Favorable Report by Judiciary
- 3/13
- Favorable Report Adopted
- Floor Committee Amendment Adopted
- Second Reading Passed with Amendments
- 3/15
- Third Reading Passed (137-0)
- 4/3
- House Concur - Senate Amendments
- Third Reading Passed (138-0)
- Passed Enrolled
- 5/18
- Signed by the Governor Chapter 669
Senate Action
- 3/16
- First Reading Judicial Proceedings
- 4/5
- Favorable with Amendments Report by Judicial Proceedings
- 4/2
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/3
- Third Reading Passed with Amendments (47-0)
- Sponsored by:
- Delegate Ann Marie Doory, District 43
- Delegate Michael V. Dobson, District 43
- Delegate Ruth M. Kirk, District 44
- Delegate Maggie L. McIntosh, District 42
- Delegate Kenneth C. Montague, Jr., District 43
- Delegate Casper R. Taylor, Jr., District 1C
- Delegate John F. Wood, Jr., District 29A
- Bill indexed under the following Subjects:
- BANKS AND TRUST COMPANIES
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- FIDUCIARIES
- LIABILITY -see also- GOOD SAMARITAN
- Bill affects the following Statutes:
- Estates and Trusts
- (
15-1A-01 ,
15-1A-03 ,
15-1A-04
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 492813/1 (PDF) Offered on: March 13, 2001 at:
11:29 a.m. Status: Adopted
- Senate
- Number: 548970/1 (PDF) Offered on: April 5, 2001 at:
8:38 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 15, 2001: Third Reading Passed (137-0)
- April 3, 2001: Third Reading Passed (138-0)
- Senate
- April 3, 2001: Third Reading Passed (47-0)