2003 Regular Session

HOUSE BILL 207

File Code: Estates and Trusts
Sponsored By:
Delegate Brown
Entitled:
Estates and Trusts - Lawful Investments - Corporate Fiduciary

Synopsis:

Authorizing a corporate fiduciary to invest in securities of, or interests in, a closed-end management type investment company or investment trust registered under the federal Investment Company Act of 1940 under specified circumstances.

History by Legislative Date

House Action
1/29
First Reading Judiciary
Hearing 2/6 at 1:00 p.m.
2/24
Favorable Report by Judiciary
2/25
Favorable Report Adopted
Second Reading Passed
2/27
Third Reading Passed (139-0)
4/1
Returned Passed
5/22
Governor vetoed - Duplicative
Senate Action
2/28
First Reading Judicial Proceedings
4/3
Favorable Report by Judicial Proceedings
4/2
Favorable Report Adopted
Second Reading Passed
4/3
Third Reading Passed (46-0)
Bill indexed under the following Subjects:
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
FIDUCIARIES
INVESTMENTS -see also- SECURITIES
Bill affects the following Statute:
Estates and Trusts
( 15-106 )

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
February 27, 2003: Third Reading Passed (139-0)
Senate
April 3, 2003: Third Reading Passed (46-0)