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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

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  • 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

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  • CS/HB 841, Enrolled (Current Bill Version) Posted 4/24/2013 at 8:14 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 832 Powers of Attorney Joyner Similar Last Action: 4/24/2013 S Laid on Table, companion bill(s) passed, see CS/HB 841 (Ch. 2013-90) -SJ 516
    Location: Laid on Table

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    709.2102 Definitions. Page 2 (pdf)
    709.2103 Applicability. Page 3 (pdf)
    709.2105 Qualifications of agent; execution of power of attorney. Page 4 (pdf)
    709.2106 Validity of power of attorney. Page 4 (pdf)
    709.2114 Agent’s duties. Page 5 (pdf)
    709.2116 Judicial relief; conflicts of interests. Page 6 (pdf)
    709.2119 Acceptance of and reliance upon power of attorney. Page 6 (pdf)
    709.2120 Refusal to accept power of attorney. Page 9 (pdf)
    709.2121 Notice. Page 11 (pdf)
    709.2202 Authority that requires separate signed enumeration. Page 11 (pdf)
    709.2208 Banks and other financial institutions. Page 14 (pdf)

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  • CS/HB 841, Committee Substitute 1 Posted 3/22/2013 at 4:09 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 832 Powers of Attorney Joyner Similar Last Action: 4/24/2013 S Laid on Table, companion bill(s) passed, see CS/HB 841 (Ch. 2013-90) -SJ 516
    Location: Laid on Table

    Floor Votes (2)

    Date Chamber Result
    4/4/2013 2:16 PM House 118 Yeas - 0 Nays
    4/24/2013 9:14 AM Senate 38 Yeas - 0 Nays

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    709.2102 Definitions. Page 2 (pdf)
    709.2103 Applicability. Page 3 (pdf)
    709.2105 Qualifications of agent; execution of power of attorney. Page 4 (pdf)
    709.2106 Validity of power of attorney. Page 4 (pdf)
    709.2114 Agent’s duties. Page 5 (pdf)
    709.2116 Judicial relief; conflicts of interests. Page 6 (pdf)
    709.2119 Acceptance of and reliance upon power of attorney. Page 6 (pdf)
    709.2120 Refusal to accept power of attorney. Page 9 (pdf)
    709.2121 Notice. Page 11 (pdf)
    709.2202 Authority that requires separate signed enumeration. Page 11 (pdf)
    709.2208 Banks and other financial institutions. Page 14 (pdf)

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  • HB 841, Original Filed Version Posted 2/18/2013 at 8:43 AM

    Bill Text:   PDF
    Analyses:   Civil Justice Subcommittee (Post-Meeting) 6/5/2013 (pdf)
    Judiciary Committee (Post-Meeting) 3/22/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 832 Powers of Attorney Joyner Similar Last Action: 4/24/2013 S Laid on Table, companion bill(s) passed, see CS/HB 841 (Ch. 2013-90) -SJ 516
    Location: Laid on Table

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    170977 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Powell 3/19/2013
    5:44 PM
    Adopted without Objection
    3/20/2013
    PDF

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    709.2102 Definitions. Page 3 (pdf)
    709.2103 Applicability. Page 3 (pdf)
    709.2105 Qualifications of agent; execution of power of attorney. Page 4 (pdf)
    709.2106 Validity of power of attorney. Page 4 (pdf)
    709.2114 Agent’s duties. Page 6 (pdf)
    709.2116 Judicial relief; conflicts of interests. Page 6 (pdf)
    709.2119 Acceptance of and reliance upon power of attorney. Page 6 (pdf)
    709.2120 Refusal to accept power of attorney. Page 9 (pdf)
    709.2121 Notice. Page 11 (pdf)
    709.2202 Authority that requires separate signed enumeration. Page 11 (pdf)
    709.2208 Banks and other financial institutions. Page 15 (pdf)

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