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2000 SESSION

• | print version

HB 1191 Trusts; portfolio strategy, risk and return objectives.

Introduced by: Harry R. (Bob) Purkey | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Standard of care; portfolio strategy; risk and return objectives. Provides that a trustee shall have a fiduciary obligation to ensure that any portfolio created with the assets of the trust is a diversified portfolio that balances risk, returns and suitability; takes into account taxes and inflation; and is tailored to the beneficiary's needs.

FULL TEXT

• 01/24/00  House: Presented & ordered printed 008961896  pdf

HISTORY

• 01/24/00  House: Presented & ordered printed 008961896
• 01/24/00  House: Referred to Committee for Courts of Justice
• 01/28/00  House: Assigned to C. J. sub-committee: 2
• 02/10/00  House: Tabled in Courts of Justice (23-Y 0-N)