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2000 SESSION

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SB 502 Rule against perpetuities.

Introduced by: W. Roscoe Reynolds | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Rule against perpetuities. Establishes an exception to the rule against perpetuities that provides that the rule shall not apply to any trust or any interest created in personal property held in such trust, or to any power of appointment over personal property held in such trust, or to any power of appointment over personal property granted under such trust, when the trust instrument, by its terms, provides that the rule against perpetuities shall not apply to such trust.

FULL TEXT

• 01/24/00  Senate: Presented & ordered printed 000436524  pdf
• 02/15/00  Senate: Floor substitute printed 001910524-S1 (Reynolds)  pdf
• 03/16/00  Senate: Bill text as passed Senate and House (SB502ER)  pdf
• 04/26/00  Governor: Acts of Assembly Chapter text (CHAP0658)  pdf

HISTORY

• 01/24/00  Senate: Presented & ordered printed 000436524
• 01/24/00  Senate: Referred to Committee for Courts of Justice
• 02/13/00  Senate: Reported from Courts of Justice (13-Y 1-N 1-A)
• 02/14/00  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/14/00  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
• 02/15/00  Senate: Read second time
• 02/15/00  Senate: Floor substitute printed 001910524-S1 (Reynolds)
• 02/15/00  Senate: Reading of substitute waived
• 02/15/00  Senate: Substitute by Sen. Reynolds agreed to 001910524-S1
• 02/15/00  Senate: Engrossed by Senate - fl. sub. 001910524-S1
• 02/15/00  Senate: Constitutional reading dispensed (38-Y 0-N)
• 02/15/00  Senate: VOTE: CONST. RDG. DISPENSED (38-Y 0-N)
• 02/15/00  Senate: Passed Senate (37-Y 1-N)
• 02/15/00  Senate: VOTE: PASSAGE (37-Y 1-N)
• 02/15/00  Senate: Communicated to House
• 02/21/00  House: Placed on Calendar
• 02/21/00  House: Read first time
• 02/21/00  House: Referred to Committee for Courts of Justice
• 02/23/00  House: Assigned to C. J. sub-committee: 2
• 03/05/00  House: Reported from Courts of Justice (19-Y 3-N)
• 03/06/00  House: Read second time
• 03/07/00  House: Read third time
• 03/07/00  House: Passed House (92-Y 7-N)
• 03/07/00  House: VOTE: PASSAGE (92-Y 7-N)
• 03/16/00  Senate: Bill text as passed Senate and House (SB502ER)
• 03/22/00  Senate: Enrolled
• 03/22/00  Senate: Signed by President
• 03/24/00  House: Signed by Speaker
• 04/08/00  Governor: Approved by Governor-Chapter 658 (effective 7/1/00)
• 04/26/00  Governor: Acts of Assembly Chapter text (CHAP0658)