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2001 SESSION

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HB 1730 Charitable corporations serving as trustees of certain trusts.

Introduced by: William J. Howell | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Charitable corporations serving as trustees of certain charitable trusts. Clarifies and validates the existing practice of some schools and charitable corporations that now serve as trustees of various split-interest trusts and pooled income funds. Current law prohibits most corporations from serving as trustees of charitable trusts.


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