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CS/SB 2068: Trusts & Trust Powers

GENERAL BILL by Banking and Insurance ; Grant

Trusts & Trust Powers; revises standards governing when successor trustee is not under duty to institute action against prior trustee or prior trustee's estate; provides for costs & attorney's fees in trust proceedings; provides applicability; excludes certain banks or associations & trust companies from prohibition against exercising certain powers & duties & acting within certain capacities in this state. Amends 660.41, 737.306; creates 737.2035.

Effective Date: 07/01/1999
 Last Action: 4/26/1999 Senate - Placed on Special Order Calendar -SJ 00792, -SJ 00886; Read second time -SJ 00802; Amendment(s) adopted -SJ 00802; House Bill substituted -SJ 00802; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/HB 1659 (Ch. 99-352); See also CS/SB 990 (Ch. 99-145)
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Bill History

Date Chamber Action
3/2/1999 Senate • Filed
3/16/1999 Senate • Introduced, referred to Banking and Insurance; Judiciary -SJ 00261
3/24/1999 Senate • On Committee agenda-- Banking and Insurance, 03/29/99, 1:00 pm, Room-110S
3/29/1999 Senate • Comm. Action: CS by Banking and Insurance -SJ 00436; CS read first time on 04/06/99 -SJ 00448
3/31/1999 Senate • Now in Judiciary -SJ 00436
4/2/1999 Senate • On Committee agenda-- Judiciary, 04/07/99, 2:00 pm, Room-110S
4/7/1999 Senate • Comm. Action:-Favorable by Judiciary -SJ 00481
4/8/1999 Senate • Placed on Calendar -SJ 00481
4/23/1999 Senate • Placed on Special Order Calendar -SJ 00792
4/26/1999 Senate • Placed on Special Order Calendar -SJ 00792, -SJ 00886; Read second time -SJ 00802; Amendment(s) adopted -SJ 00802; House Bill substituted -SJ 00802; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/HB 1659 (Ch. 99-352); See also CS/SB 990 (Ch. 99-145)