HB 1979 Fiduciaries; legal investments.
Clifford L. Athey, Jr. | all patrons    ...    notes
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Summary as introduced:
Fiduciaries; legal investments. Limits the use of the legal list of investments, which affords the fiduciary immunity from the "prudent investor rule," to those funds within a trust or an estate with an actual value of not more than $100,000. A delayed effective date is proposed to give fiduciaries time to modify investment approaches.

Full text:
01/08/03  House: Presented & ordered printed, prefiled 01/07/03 038836772  pdf

Status:
01/08/03  House: Presented & ordered printed, prefiled 01/07/03 038836772
01/08/03  House: Referred to Committee for Courts of Justice
01/16/03  House: Assigned to C. J. sub-committee: 2
01/22/03  House: Passed by indefinitely in C. J. (21-Y 0-N)