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CS/HB 841: Powers of Attorney

GENERAL BILL by Judiciary Committee ; Powell ; (CO-INTRODUCERS) Berman ; Rader ; Spano

Powers of Attorney; Provides additional exceptions to applicability of specified power of attorney provisions; provides that an original power of attorney may recorded in official records; adds exceptions to provision that prohibits agent who has accepted appointment from delegating authority to third person; authorizes third person to require an agent to execute affidavit stating that agent's authority was not terminated because of certain circumstances; revises form for affidavits; requires third person who rejects power of attorney for certain reasons to state reason for rejection in writing; provides for notice to broker-dealer; revises provisions relating to when notary may sign principal's name to documents; clarifies that certain gift amounts are based on calendar year; specifies that broker-dealer does not have duty to inquire into certain actions by an agent & is not liable for relying in good faith on an agent's actions; provides that agent acquires general authority regarding securities held by broker-dealer.

Effective Date: 5/30/2013
Last Action: 5/30/2013 - Chapter No. 2013-90
Bill Text: PDF



Bill History

Date Chamber Action
2/18/2013 House • Filed
2/28/2013 House • Referred to Civil Justice Subcommittee; Judiciary Committee -HJ 85
3/5/2013 House • Introduced -HJ 85
3/11/2013 House • On Committee agenda-- Civil Justice Subcommittee, 03/13/13, 12:00 pm, 404 HOB
3/13/2013 House • Favorable by Civil Justice Subcommittee; YEAS 13 NAYS 0 -HJ 248
• Now in Judiciary Committee -HJ 248
3/18/2013 House • On Committee agenda-- Judiciary Committee, 03/20/13, 8:00 am, 404 HOB
3/20/2013 House • CS by- Judiciary Committee; YEAS 18 NAYS 0 -HJ 333
3/22/2013 House • Pending review of CS -under Rule 7.19(c)
3/25/2013 House • Placed on Calendar -HJ 346
• CS by Judiciary Committee read 1st time -HJ 341
3/29/2013 House • Placed on Special Order Calendar, 04/02/13
4/2/2013 House • Read 2nd time -HJ 394
• Placed on 3rd reading
4/4/2013 House • Read 3rd time -HJ 421
• CS passed; YEAS 118 NAYS 0 -HJ 421
4/11/2013 Senate • In Messages
4/12/2013 Senate • Referred to Judiciary; Governmental Oversight and Accountability; Rules -SJ 435
4/15/2013 Senate • Received -SJ 435
4/24/2013 Senate • Withdrawn from Judiciary; Governmental Oversight and Accountability; Rules -SJ 517
• Placed on Calendar, on 2nd reading -SJ 517
• Substituted for SB 832 -SJ 517
• Read 2nd time -SJ 517
• Read 3rd time -SJ 517
• CS passed; YEAS 38 NAYS 0 -SJ 517
• Immediately certified -SJ 578
4/24/2013 House • Ordered enrolled -HJ 825
5/20/2013 • Signed by Officers and presented to Governor
5/30/2013 • Approved by Governor
• Chapter No. 2013-90