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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



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