File Code: Estates and Trusts
Crossfiled with: HOUSE BILL 645
- Sponsored By:
-
Senator Garagiola
- Entitled:
-
Estates and Trusts - Fiduciaries - Directions from Advisors
Establishing that, unless the governing instrument provides otherwise,
a specified advisor is a fiduciary when exercising a specified
authority; establishing that, except in a case of willful misconduct
or gross negligence by a fiduciary, if the governing instrument
provides that the fiduciary is to follow the direction of an advisor,
the fiduciary is not liable for a loss resulting directly or
indirectly from an act by the fiduciary made in accordance with the
direction of the advisor; etc.
Senate Action
- 2/3
- First Reading Judicial Proceedings
- 2/8
- Hearing 2/14 at 1:00 p.m.
- 2/27
- Favorable Report by Judicial Proceedings
- 2/28
- Favorable
- Special Order 3/2 (Senator Della) Adopted
- 3/2
- Favorable Report Adopted
- Floor Amendment (Senator Della) Adopted
- Second Reading Passed with Amendments
- 3/6
- Third Reading Passed (40-7)
House Action
- 3/7
- First Reading Judiciary
- 3/22
- Hearing 3/29 at 1:00 p.m.
Bill indexed under the following Subjects:
- ESTATES AND TRUSTS
- FIDUCIARIES
- INVESTMENTS -see also- SECURITIES
- LIABILITY -see also- GOOD SAMARITAN
Bill affects the following Statute:
- Estates and Trusts
- (
15-114.1
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments (Displayed in WordPerfect 8 Format):
Senate
- Number: 053627/01 (PDF) Offered on: March 2, 2006 at:
10:51 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
Senate
- March 6, 2006: Third Reading Passed (40-7)
