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- Subject Index: Since 1995
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2001 SESSION
HB 1791 Agricultural cooperative associations; forfeiture of equity.
Introduced by: Terry G. Kilgore | all patrons ... notes | add to my profiles
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)
Agricultural cooperative associations; forfeiture of equity. Authorizes the bylaws and member agreements of an agricultural cooperative association to provide that when an agricultural cooperative association holds any membership or patronage equity to the credit of a person who has not had a current address on file with the association for at least three years, then the bylaws or member agreements of the association may provide that such equity is forfeited to the association. The forfeiture will occur only following publication and an opportunity for the equity to be claimed by such person or his next of kin. If there is no such provision in the association's bylaws or member agreements, or if there is no publication, then the Uniform Disposition of Unclaimed Property Act shall apply to such equity. Any forfeiture completed by an association prior to July 1, 2001, will be effective if such transfer was in compliance with the bylaws or member agreements of the association in effect at the time of the transfer, without regard to the publication requirements set out in the bill, and such transfer will not be subject to the Uniform Disposition of Unclaimed Property Act. This bill is identical to SB 950.
FULL TEXT
- 01/10/01 House: Presented & ordered printed, prefiled 12/29/00 015274816 pdf | impact statement
- 02/27/01 House: Bill text as passed House and Senate (HB1791ER) pdf
- 04/05/01 House: Reenrolled bill text (HB1791ER2) pdf
- 04/09/01 Governor: Acts of Assembly Chapter text (CHAP0797) pdf
AMENDMENTS
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 12/29/00 015274816
- 01/10/01 House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
- 01/11/01 House: Reported from Agriculture (22-Y 0-N)
- 01/15/01 House: Read first time
- 01/16/01 House: Read second time
- 01/16/01 House: Passed by for the day
- 01/17/01 House: Passed by for the day
- 01/18/01 House: Passed by for the day
- 01/19/01 House: Passed by for the day
- 01/22/01 House: Read second time
- 01/22/01 House: Pending question ordered
- 01/22/01 House: Motion to refer to committee rejected
- 01/22/01 House: Engrossed by House
- 01/23/01 House: Read third time and passed House (70-Y 24-N)
- 01/23/01 House: VOTE: PASSAGE (70-Y 24-N 1-A)
- 01/23/01 House: Communicated to Senate
- 01/24/01 Senate: Constitutional reading dispensed
- 01/24/01 Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
- 02/12/01 Senate: Reported from A. C. & N. R. (15-Y 0-N)
- 02/13/01 Senate: Const. reading disp., passed by for the day (40-Y 0-N)
- 02/13/01 Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
- 02/14/01 Senate: Read third time
- 02/14/01 Senate: Reading of amendment waived
- 02/14/01 Senate: Amendment by Sen. Colgan agreed to
- 02/14/01 Senate: Engrossed by Senate as amended
- 02/14/01 Senate: Passed Senate with amendment (40-Y 0-N)
- 02/14/01 Senate: VOTE: PASSAGE R (40-Y 0-N)
- 02/15/01 House: Placed on Calendar
- 02/16/01 House: Passed by for the day
- 02/19/01 House: Passed by for the day
- 02/20/01 House: VOTE: REJECTED (4-Y 94-N)
- 02/20/01 House: Senate amendment rejected by House (4-Y 94-Y)
- 02/22/01 Senate: Senate insisted on amendment (40-Y 0-N)
- 02/22/01 Senate: VOTE: INSIST & REQUEST (40-Y 0-N)
- 02/22/01 Senate: Senate requested conference committee
- 02/22/01 House: House acceded to request
- 02/22/01 Senate: Conferees appointed by Senate
- 02/22/01 Senate: Senators: K.G. Miller, Colgan, Watkins
- 02/22/01 House: Conferees appointed by House
- 02/22/01 House: Delegates: Kilgore, Louderback, Pollard
- 02/23/01 House: VOTE: ADOPTION (77-Y 2-N)
- 02/23/01 House: Conference report agreed to by House (77-Y 2-N)
- 02/23/01 Senate: Reading of conference report waived
- 02/23/01 Senate: Passed by temporarily
- 02/23/01 Conference: Senate amendment rejected by conference committee
- 02/23/01 Conference: Amended by conference committee
- 02/23/01 Senate: VOTE: CONF. COMMITTEE RPT. (40-Y 0-N)
- 02/23/01 Senate: Conference report agreed to by Senate (40-Y 0-N)
- 02/27/01 House: Bill text as passed House and Senate (HB1791ER)
- 03/02/01 House: Enrolled
- 03/02/01 House: Signed by Speaker
- 03/02/01 Senate: Signed by President
- 03/26/01 House: Governor's recommendation received by House
- 04/04/01 House: Placed on Calendar
- 04/04/01 House: VOTE: ADOPTION (95-Y 1-N)
- 04/04/01 House: House concurred in Gov's recommendation (95-Y 1-N)
- 04/04/01 Senate: Senate concurred in Gov's recommendation (39-Y 0-N)
- 04/04/01 Senate: VOTE: ADOPT GOV. RECOMM. (39-Y 0-N)
- 04/04/01 Governor: Governor's recommendation adopted
- 04/04/01 House: Reenrolled
- 04/04/01 House: Signed by Speaker as reenrolled
- 04/04/01 Senate: Signed by President as reenrolled
- 04/04/01 House: Enacted, Chapter 797 (effective 7/1/01)
- 04/05/01 House: Reenrolled bill text (HB1791ER2)
- 04/09/01 Governor: Acts of Assembly Chapter text (CHAP0797)