Legislation

Title: Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party
Sponsored by: Senator West
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 362
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; 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:: Judicial Proceedings Click to view Recorded Media

Opposite:: Judiciary

Committee Testimony

Witness List

Details

Cross-filed with: HB0904

Bill File Type: Regular

Effective Date(s): October 1, 2020

History

Legislation History
Chamber Senate Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party Proceedings
Chamber Senate Calendar Date 2/06/2020 Legislative Date 2/06/2020 Action Hearing 2/25 at 12:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/12/2020 Legislative Date 3/12/2020 Action Favorable with Amendments Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 3/12/2020 Legislative Date 3/07/2020 Action Favorable with Amendments {608672/1 Adopted Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/12/2020 Legislative Date 3/07/2020 Action Second Reading Passed with Amendments Proceedings 46 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 Senate Calendar Date 3/15/2020 Legislative Date 3/10/2020 Action Third Reading Passed (45-0) Proceedings 49 Click to view Recorded Media
Chamber House Calendar Date 3/15/2020 Legislative Date 3/12/2020 Action Referred Judiciary Proceedings 49 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Judiciary Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/16/2020 Legislative Date 3/16/2020 Action Favorable Report by Judiciary Proceedings
Chamber House Calendar Date 3/17/2020 Legislative Date 3/14/2020 Action Favorable Adopted Second Reading Passed Proceedings 51AClick to view Recorded Media
Chamber House Calendar Date 3/18/2020 Legislative Date 3/16/2020 Action Third Reading Passed (130-0) Proceedings 53 Click to view Recorded Media
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/15/2020 Action Returned Passed Proceedings 53CClick 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 362 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
Senate	2/03/2020	2/03/2020	First Reading Judicial Proceedings
			Text - First - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party
Senate	2/06/2020	2/06/2020	Hearing 2/25 at 12:00 p.m.
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	3/12/2020	3/12/2020	Favorable with Amendments Report by Judicial Proceedings
Senate	3/12/2020	3/07/2020	Favorable with Amendments {608672/1 Adopted	46 Click to view Recorded Media
Senate	3/12/2020	3/07/2020	Second Reading Passed with Amendments	46 Click to view Recorded Media
			Text - Third - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party
Senate	3/15/2020	3/10/2020	Third Reading Passed (45-0)	49 Click to view Recorded Media
House	3/15/2020	3/12/2020	Referred Judiciary	49 Click to view Recorded Media
			Vote - House - Committee - Judiciary	Click to view Recorded Media
House	3/16/2020	3/16/2020	Favorable Report by Judiciary
House	3/17/2020	3/14/2020	Favorable Adopted Second Reading Passed	51AClick to view Recorded Media
House	3/18/2020	3/16/2020	Third Reading Passed (130-0)	53 Click to view Recorded Media
Senate	3/18/2020	3/15/2020	Returned Passed	53CClick to view Recorded Media
Post Passage	5/08/2020	5/08/2020	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 362
			Text - Chapter - Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party

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