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2011 SESSION
SB 1071 Irrevocable trusts; trustee's power to appoint assets into second trust.
... notes | add to my profilesSUMMARY AS INTRODUCED:
Irrevocable trusts; trustee's power to appoint assets into second trust. Authorizes the trustee of an irrevocable trust to appoint all or part of the principal or income of a trust into a second trust for the benefit of the beneficiaries of the original trust.
FULL TEXT
HISTORY
- 01/11/11 Senate: Prefiled and ordered printed; offered 01/12/11 11102928D
- 01/11/11 Senate: Referred to Committee for Courts of Justice
- 01/13/11 Senate: Assigned Courts sub: Civil
- 02/07/11 Senate: Stricken at the request of Patron in Courts of Justice (13-Y 0-N)