2001 Regular Session

SENATE BILL 373

CHAPTER NUMBER: 379 File Code: Estates and Trusts Crossfiled with: HOUSE BILL 955
Sponsored By:
Senator Baker
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

Senate Action
2/1
First Reading Judicial Proceedings
2/7
Hearing 2/14 at 1:00 p.m.
2/19
Favorable Report by Judicial Proceedings
2/20
Favorable Report Adopted
Second Reading Passed
2/22
Third Reading Passed (47-0)
4/3
Returned Passed
5/15
Signed by the Governor Chapter 379
House Action
2/23
First Reading Judiciary
3/20
Hearing 3/28 at 1:00 p.m.
4/5
Favorable Report by Judiciary
3/31
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (137-0)
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):
Senate
February 22, 2001: Third Reading Passed (47-0)
House
April 2, 2001: Third Reading Passed (137-0)