CS/SB 2926: Trusts & Other Agency Relationships
GENERAL BILL by Banking and Insurance ; Atwater
Trusts & Other Agency Relationships; includes additional investment instruments within definition of term "security account"; revises powers conferred upon trustee; specifies circumstances in which court authorization is not required for trustee to exercise his or her power when conflict of interest exists; revises circumstances in which trustee is prohibited from making adjustment when such adjustment would benefit trustee, etc. Amends Chs. 737, 738, 711.501.
Effective Date: Upon becoming law
Last Action: 4/30/2004 Senate - Died on Calendar
Bill Text: Web Page | PDF
Last Action: 4/30/2004 Senate - Died on Calendar
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 3/2/2004 Senate • Filed
3/16/2004 Senate • Introduced, referred to Banking and Insurance; Judiciary -SJ 00328
3/26/2004 Senate • On Committee agenda-- Banking and Insurance, 03/31/04, 2:00 pm, 110-S -SJ 00437
3/31/2004 Senate • CS by Banking and Insurance; YEAS 8 NAYS 0 -SJ 00550; CS read first time on 04/02/04 -SJ 00557
4/2/2004 Senate • Now in Judiciary -SJ 00550
4/28/2004 Senate • Withdrawn from Judiciary -SJ 01193; Placed on Calendar, on second reading
4/30/2004 Senate • Died on Calendar
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CS/SB 2926, Committee Substitute 1 (Current Bill Version) Posted 4/2/2004 at 11:57 AM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Post-Meeting) 3/31/2004 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location H 1755 (e1) Fiduciary Relationships Judiciary Similar Last Action: 4/30/2004 S Died in Committee on Banking and Insurance
Location:Committee Votes (1)
Date Committee Result 3/31/2004 1:30 PM Banking and Insurance 8 Yeas - 0 Nays Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 711.501 Definitions. 737.402 Powers of trustees conferred by this part. 737.403 Power of court to permit deviation or to approve transactions involving conflict of interest. 738.104 Trustee's power to adjust. 738.1041 Total return unitrust. 738.303 Apportionment when income interest ends. -
SB 2926, Original Filed Version Posted 3/9/2004 at 4:40 PM
Bill Text: Web Page | PDF Analyses: None Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 711.501 Definitions. 737.402 Powers of trustees conferred by this part. 737.403 Power of court to permit deviation or to approve transactions involving conflict of interest. 738.104 Trustee's power to adjust. 738.1041 Total return unitrust. 738.303 Apportionment when income interest ends.