SENATE BILL 679

File Code: Estates and Trusts

Sponsored By:

Senator Giannetti

Entitled:

Maryland Uniform Transfers to Minors Act - Qualified Minor's Trust - Joint Custodians

Synopsis:

Authorizing a specified joint custodianship of property under the Maryland Uniform Transfers to Minors Act; providing that each joint custodian has specified authority; providing that a specified custodian may serve as sole custodian under specified circumstances; repealing specified restrictions on the authority of a custodian of property under the Maryland Uniform Transfers to Minors Act to transfer custodial property to a qualified minor's trust without a court order; etc.

History by Legislative Date

Senate Action

2/3

First Reading Judicial Proceedings

2/8

Hearing 2/14 at 1:00 p.m.

3/13

Favorable Report by Judicial Proceedings

3/14

Favorable Report Adopted

Second Reading Passed

3/16

Third Reading Passed (46-0)

House Action

3/17

First Reading Judiciary

3/22

Hearing 3/28 at 1:00 p.m.

Bill indexed under the following Subjects:

ESTATES AND TRUSTS

GUARDIANS

MINORS -see also- AGE OF MAJORITY; YOUTH

UNIFORM LAWS

Bill affects the following Statutes:

Estates and Trusts

( 13-301 , 13-310 , 13-314 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Vote (Legislative date is shown):

Senate

March 16, 2006: Third Reading Passed (46-0)