HB 1631 Waiver of accounting for testamentary trustees.
William C. Mims | all patrons    ...    notes
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Summary:
Waiver of accounting for testamentary trustees. Allows testamentary trustees under a will probated on or before July 1, 1993, without language waiving the responsibility of accounting to the Commissioner of Accounts, to avoid the responsibility of such accounting if all adult beneficiaries under the trust consent in writing. Current law allows such waiver only if the will contains language allowing the trustee to avoid the responsibility; however, it is unlikely a testator would have included such language prior to January 1, 1993, since the option was unavailable under law.

Full text:
01/13/95  House: Presented & ordered printed LD8729358  pdf

Status:
01/13/95  House: Presented & ordered printed LD8729358
01/13/95  House: Referred to Committee for Courts of Justice
01/17/95  House: Assigned to C. J. sub-committee: 3/4
01/25/95  House: Reported from Courts of Justice (22-Y 0-N)
01/26/95  House: Read first time
01/27/95  House: Read second time and engrossed
01/30/95  House: Read third time and passed House (Block Vote) (97-Y 0-N)
01/30/95  House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
01/30/95  House: Communicated to Senate
01/31/95  Senate: Read first time
01/31/95  Senate: Referred to Committee for Courts of Justice
02/14/95  Senate: Assigned to C. J. sub-committee: Wills/Trusts/Estates
02/19/95  Senate: Reported from Courts of Justice (10-Y 3-N)
02/20/95  Senate: Constitutional reading dispensed (39-Y 0-N)
02/20/95  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
02/21/95  Senate: Passed by for the day
02/22/95  Senate: Read third time
02/22/95  Senate: Motion to recommit to committee agreed to
02/22/95  Senate: Recommitted to Courts of Justice
02/24/95  Senate: Left in Courts of Justice