Legislation

Title: Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party
Sponsored by: Delegate Cardin
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 361
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Authorizing a trustee to send certain interested parties in a certain manner a certain report when the trust terminates or on the resignation or removal of the trustee in accordance with the terms of the trust or certain provisions of law; and providing that, if an interested party does not submit an objection to the report within 120 days after the trustee mailed the report, the interested party shall be deemed to have released the trustee and to have consented to and ratified the actions of the trustee; etc.

Committees

Original:: Judiciary Click to view Recorded Media

Opposite:: Judicial Proceedings

Committee Testimony

Witness List

Details

Cross-filed with: SB0886

Bill File Type: Regular

Effective Date(s): October 1, 2020

History

Legislation History
Chamber House Calendar Date 2/05/2020 Legislative Date 2/05/2020 Action First Reading Judiciary Proceedings
Chamber House Calendar Date 2/06/2020 Legislative Date 2/06/2020 Action Hearing 2/26 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Judiciary Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/10/2020 Legislative Date 3/10/2020 Action Favorable with Amendments Report by Judiciary Proceedings
Chamber House Calendar Date 3/11/2020 Legislative Date 3/08/2020 Action Favorable with Amendments {832216/1 Adopted Proceedings 45 Click to view Recorded Media
Chamber House Calendar Date 3/11/2020 Legislative Date 3/08/2020 Action Second Reading Passed with Amendments Proceedings 45 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party Proceedings
Chamber House Calendar Date 3/13/2020 Legislative Date 3/10/2020 Action Third Reading Passed (133-0) Proceedings 47BClick to view Recorded Media
Chamber Senate Calendar Date 3/14/2020 Legislative Date 3/09/2020 Action Referred Judicial Proceedings Proceedings 48 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2020 Legislative Date 3/15/2020 Action Favorable Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 3/15/2020 Legislative Date 3/10/2020 Action Favorable Adopted Proceedings 49 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2020 Legislative Date 3/10/2020 Action Second Reading Passed Proceedings 49 Click to view Recorded Media
Chamber Senate Calendar Date 3/16/2020 Legislative Date 3/12/2020 Action Third Reading Passed (46-0) Proceedings 51 Click to view Recorded Media
Chamber House Calendar Date 3/17/2020 Legislative Date 3/13/2020 Action Returned Passed Proceedings 50 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2020 Legislative Date 5/08/2020 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 361 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/05/2020	2/05/2020	First Reading Judiciary
House	2/06/2020	2/06/2020	Hearing 2/26 at 1:00 p.m.
			Text - First - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party
			Vote - House - Committee - Judiciary	Click to view Recorded Media
House	3/10/2020	3/10/2020	Favorable with Amendments Report by Judiciary
House	3/11/2020	3/08/2020	Favorable with Amendments {832216/1 Adopted	45 Click to view Recorded Media
House	3/11/2020	3/08/2020	Second Reading Passed with Amendments	45 Click to view Recorded Media
			Text - Third - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party
House	3/13/2020	3/10/2020	Third Reading Passed (133-0)	47BClick to view Recorded Media
Senate	3/14/2020	3/09/2020	Referred Judicial Proceedings	48 Click to view Recorded Media
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	3/15/2020	3/15/2020	Favorable Report by Judicial Proceedings
Senate	3/15/2020	3/10/2020	Favorable Adopted	49 Click to view Recorded Media
Senate	3/15/2020	3/10/2020	Second Reading Passed	49 Click to view Recorded Media
Senate	3/16/2020	3/12/2020	Third Reading Passed (46-0)	51 Click to view Recorded Media
House	3/17/2020	3/13/2020	Returned Passed	50 Click to view Recorded Media
Post Passage	5/08/2020	5/08/2020	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 361
			Text - Chapter - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party

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