HB 2767 Fiduciaries; presumption of prudence.
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Summary as passed House: (all summaries)
Fiduciaries; presumption of prudence.  Clarifies when fiduciaries will receive the presumption of prudence in investing and extends the presumption to custodians and custodial trustees. The bill provides that the presumption of prudence in investing only applies to a fiduciary (i) in a calendar year in which the value of the intangible personal property under his management does not exceed $100,000 at the beginning of the year, or (ii) who has obtained express authorization from a court with jurisdiction that the presumption of prudence in investing applies.

Full text:
01/10/07  House: Prefiled and ordered printed; offered 01/10/07 076072372  pdf
02/05/07  House: Printed as engrossed 076072372-E  pdf
03/01/07  House: Bill text as passed House and Senate (HB2767ER)  pdf
03/27/07  Governor: Acts of Assembly Chapter text (CHAP0517)  pdf

Amendments:
House amendments

Status:
01/10/07  House: Prefiled and ordered printed; offered 01/10/07 076072372
01/10/07  House: Referred to Committee for Courts of Justice
01/17/07  House: Assigned Courts sub: Civil Law
02/02/07  House: Reported from Courts of Justice with amendments (21-Y 0-N)
02/03/07  House: Read first time
02/05/07  House: Read second time
02/05/07  House: Committee amendments agreed to
02/05/07  House: Engrossed by House as amended HB2767E
02/05/07  House: Printed as engrossed 076072372-E
02/06/07  House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/06/07  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/06/07  House: Communicated to Senate
02/07/07  Senate: Constitutional reading dispensed
02/07/07  Senate: Referred to Committee for Courts of Justice
02/15/07  Senate: Reported from Courts of Justice (13-Y 1-N)
02/19/07  Senate: Constitutional reading dispensed (40-Y 0-N)
02/19/07  Senate: VOTE: (40-Y 0-N)
02/20/07  Senate: Read third time
02/20/07  Senate: Passed Senate (40-Y 0-N)
02/20/07  Senate: VOTE: (40-Y 0-N)
03/01/07  House: Enrolled
03/01/07  House: Bill text as passed House and Senate (HB2767ER)
03/01/07  House: Signed by Speaker
03/04/07  Senate: Signed by President
03/19/07  Governor: Approved by Governor-Chapter 517 (effective 7/1/07)
03/27/07  Governor: Acts of Assembly Chapter text (CHAP0517)