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2012 SESSION

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SB 180 Trustees, certain; protection from liability.

Introduced by: Richard H. Stuart | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Protection of certain trustees from liability.  Provides for the protection of a trustee from liability when he follows the directions of a trust director or fails to act while awaiting directions from a trust director. The bill specifies that the trust director must be fiduciary and have the power to direct the trustee on any matter. The provisions of this bill only apply upon incorporation into the trust instrument.

FULL TEXT

• 01/10/12  Senate: Prefiled and ordered printed; offered 01/11/12 12103176D  pdf
• 03/06/12  Senate: Bill text as passed Senate and House (SB180ER)  pdf
• 04/04/12  Governor: Acts of Assembly Chapter text (CHAP0562)  pdf

HISTORY

• 01/10/12  Senate: Prefiled and ordered printed; offered 01/11/12 12103176D
• 01/10/12  Senate: Referred to Committee for Courts of Justice
• 01/23/12  Senate: Reported from Courts of Justice (15-Y 0-N)
• 01/24/12  Senate: Constitutional reading dispensed (40-Y 0-N)
• 01/25/12  Senate: Read second time and engrossed
• 01/26/12  Senate: Read third time and passed Senate (38-Y 0-N)
• 01/26/12  Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N)
• 01/26/12  Senate: Passed Senate (40-Y 0-N)
• 02/13/12  House: Placed on Calendar
• 02/13/12  House: Read first time
• 02/13/12  House: Referred to Committee for Courts of Justice
• 02/16/12  House: Assigned Courts sub: #2 Civil
• 02/27/12  House: Subcommittee recommends reporting (9-Y 0-N)
• 02/27/12  House: Reported from Courts of Justice (18-Y 0-N)
• 02/29/12  House: Read second time
• 03/01/12  House: Read third time
• 03/01/12  House: Passed House BLOCK VOTE (99-Y 0-N)
• 03/01/12  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 03/06/12  Senate: Enrolled
• 03/06/12  Senate: Bill text as passed Senate and House (SB180ER)
• 03/06/12  House: Signed by Speaker
• 03/08/12  Senate: Signed by President
• 04/04/12  Governor: Approved by Governor-Chapter 562 (effective 7/1/12)
• 04/04/12  Governor: Acts of Assembly Chapter text (CHAP0562)