2007 Regular Session

SENATE BILL 435

File Code: Estates and Trusts
Sponsored By:
Senator Frosh
Entitled:
Estates and Trusts - Personal Representatives and Fiduciaries - Powers

Synopsis:

Authorizing a personal representative to become a limited partner in any partnership or a member in any limited liability company, including a single member limited liability company; and authorizing a fiduciary to continue as or become a member in any limited liability company, including a single member limited liability company.

History by Legislative and Calendar Date

Senate Action
2/2
First Reading Judicial Proceedings
2/7
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 (44-0)
House Action
3/16
First Reading Judiciary
3/21
Hearing 3/27 at 1:00 p.m.

Bill indexed under the following Subjects:

Fiduciaries
Limited Liability Companies
Partnerships
Personal Representatives

Bill affects the following Statutes:

Estates and Trusts
( 7-401 , 15-102 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
March 16, 2007: Third Reading Passed (44-0)