2008 Regular Session

SENATE BILL 663

File Code: Estates and Trusts Crossfiled with: HOUSE BILL 1357
Sponsored By:
Senator Simonaire
Entitled:
Power of Attorney Accountability Act (Lorretta's Law)

Synopsis:

Establishing specified duties of an agent under a power of attorney; requiring an agent to disclose receipts, disbursements, or transactions if ordered by a court or requested by specified persons; establishing that an agent that violates specified provisions is liable for specified amounts; requiring that a power of attorney executed in this State contain a notice of the agent's duties; authorizing specified persons to petition a court to construe a power of attorney or review the agent's conduct; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
2/1
First Reading Judicial Proceedings
2/6
Hearing 2/21 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Agents and Brokers
Attorneys
Disclosure
Estates and Trusts
Liability -see also- Good Samaritan
Notices
Petitions
Records -see also- Land Records; Vital Records

Bill affects the following Statutes:

Estates and Trusts
( 13-604 , 13-605 , 13-606 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered