CHAPTER NUMBER: 254
File Code: Estates and Trusts
Crossfiled with: HOUSE BILL 617
- Sponsored By:
-
Senators Garagiola and Giannetti
- Entitled:
-
Trusts - Termination by Corporate Fiduciary
Altering from $50,000 to $100,000 the maximum amount of the fair
market value of a trust that a corporate fiduciary acting as a trustee
may terminate without an order of court; repealing the registered mail
option for sending specified notices and objections; providing that
the Act applies to all trusts existing on or after June 1, 2004; etc.
Senate Action
- 1/23
- First Reading Judicial Proceedings
- 1/28
- Hearing 2/3 at 1:00 p.m.
- 2/17
- Favorable with Amendments Report by Judicial Proceedings
- 2/18
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 2/20
- Third Reading Passed (44-0)
- 4/5
- Returned Passed
- 5/11
- Signed by the Governor Chapter 254
House Action
- 2/23
- First Reading Judiciary
- 3/17
- Hearing 3/31 at 1:00 p.m.
- 4/5
- Favorable Report by Judiciary
- 4/2
- Favorable Report Adopted
- Second Reading Passed
- 4/3
- Third Reading Passed (139-0)
- Sponsored by:
- Senator Rob Garagiola, District 15
- Senator John A. Giannetti, Jr., District 21
- Bill indexed under the following Subjects:
- BANKS AND TRUST COMPANIES
- ESTATES AND TRUSTS
- FIDUCIARIES
- NOTICES
- POSTAL SERVICE
- Bill affects the following Statute:
- Estates and Trusts
- (
14-107
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 768873/01 (PDF) Offered on: February 18, 2004 at:
10:20 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- February 20, 2004: Third Reading Passed (44-0)
- House
- April 3, 2004: Third Reading Passed (139-0)