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2016 SESSION

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SB 507 Judicial creation of trusts.

Introduced by: Glen H. Sturtevant, Jr. | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED SENATE:

Judicial creation of trusts. Clarifies that a circuit court may create and establish a trust upon petition of an interested party. The bill states that its provisions are declarative of existing law.

SUMMARY AS INTRODUCED:

Judicial creation of trusts. Clarifies that a circuit court may establish a trust upon petition of an interested party.