CS/SB 2164: Trust Administration [LPCC]
GENERAL BILL by Judiciary ; Jones
Trust Administration [LPCC]; Provides exceptions to duties and liabilities of cotrustees for excluded cotrustees under certain circumstances. Relieves excluded cotrustees from specified liabilities and obligations under certain circumstances. Provides an exception for trustee payments of costs and attorney's fees from trust assets except pursuant to court order under certain circumstances. Requires trustees to provide certain notice to beneficiaries, etc.
Effective Date: 07/01/2008
Last Action: 4/23/2008 Senate - Placed on Special Order Calendar; Substituted CS/HB 435 -SJ 00741; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 435 (Ch. 2008-76) -SJ 00741
Bill Text: Web Page | PDF
Last Action: 4/23/2008 Senate - Placed on Special Order Calendar; Substituted CS/HB 435 -SJ 00741; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 435 (Ch. 2008-76) -SJ 00741
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/21/2008 Senate • Filed
3/7/2008 Senate • Referred to Judiciary; Banking and Insurance -SJ 00179
3/11/2008 Senate • Introduced -SJ 00179
3/20/2008 Senate • On Committee agenda-- Judiciary, 03/25/08, 12:45 pm, 110-S
3/25/2008 Senate • CS by Judiciary; YEAS 10 NAYS 0 -SJ 00390; CS read 1st time on 04/02/08 -SJ 00405
3/27/2008 Senate • Pending reference review under Rule 4.7(2); Now in Banking and Insurance -SJ 00390
4/3/2008 Senate • On Committee agenda-- Banking and Insurance, 04/08/08, 9:15 am, 412-K
4/8/2008 Senate • Favorable by- Banking and Insurance; YEAS 8 NAYS 0 -SJ 00478
4/9/2008 Senate • Placed on Calendar, on 2nd reading -SJ 00479
4/23/2008 Senate • Placed on Special Order Calendar; Substituted CS/HB 435 -SJ 00741; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 435 (Ch. 2008-76) -SJ 00741
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CS/SB 2164, Committee Substitute 1 (Current Bill Version) Posted 3/27/2008 at 4:27 PM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Post-Meeting) 4/3/2008 (pdf)
Judiciary (Post-Meeting) 3/27/2008 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location H 435 (c1) Hukill Identical Last Action: 5/28/2008 Approved by Governor; Chapter No. 2008-76
Location:Committee Votes (1)
Date Committee Result 4/8/2008 9:15 AM Banking and Insurance 8 Yeas - 0 Nays Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 736.0703 Cotrustees. 736.0802 Duty of loyalty. 736.1008 Limitations on proceedings against trustees. -
SB 2164, Original Filed Version Posted 2/21/2008 at 8:16 AM
Bill Text: Web Page | PDF Analyses: None Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 128768 - Amendment
Judiciary
(Baker)3/24/2008
7:40 PMReplaced by Committee Substitute
3/26/2008Web Page
PDFCommittee Votes (1)
Date Committee Result 3/26/2008 12:45 AM Judiciary 10 Yeas - 0 Nays Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 736.0703 Cotrustees. 736.0802 Duty of loyalty. 736.1008 Limitations on proceedings against trustees.