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2005 SESSION
HB 1577 Vouchers and statements of assets; eliminates authority of commissioners of accounts.
Introduced by: Gary A. Reese | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Commissioners of accounts; vouchers and statements of assets. Eliminates the authority of a commissioner of accounts to require a fiduciary to produce the original check as proper verification of a specific payment or distribution to a beneficiary or distributee. This bill is identical to SB 995.
SUMMARY AS PASSED HOUSE:
Commissioners of accounts; vouchers and statements of assets. Eliminates the authority of a commissioner of accounts to require a fiduciary to exhibit the original check or proper voucher for a specific payment or for distribution to a beneficiary or distributee where the fiduciary or a financial institution certifies that the original check or proper voucher is unavailable.
SUMMARY AS INTRODUCED:
Commissioners of accounts; vouchers and statements of assets. Eliminates the authority of the commissioner of accounts to require a fiduciary to exhibit the original check or proper voucher for a specific payment or for distribution to a beneficiary or distributee as a sufficient exhibit of the account.