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1997 SESSION
HB 2572 Uniform Principal and Income Act; trusts.
Introduced by: Roger J. McClure | all patrons ... notes | add to my profiles
SUMMARY:
Uniform Principal and Income Act; trusts. Provides that if a trust instrument gives the trustee discretion in crediting a receipt or charging an expenditure to income or principal, or partly to each, no inference of imprudence or partiality arises from the fact that the trustee has made an allocation contrary to the provisions of the Act.
FULL TEXT
- 01/20/97 House: Presented & ordered printed 973824346 pdf
- 02/03/97 House: Printed as engrossed 973824346-E pdf
- 02/21/97 House: Bill text as passed House and Senate (HB2572ER) pdf
- 03/17/97 Governor: Acts of Assembly Chapter text (CHAP0262) pdf
AMENDMENTS
HISTORY
- 01/20/97 House: Presented & ordered printed 973824346
- 01/20/97 House: Referred to Committee for Courts of Justice
- 01/23/97 House: Assigned to C. J. sub-committee: 2
- 02/02/97 House: Reported from C. J. with amendment (22-Y 0-N)
- 02/02/97 House: Read first time
- 02/03/97 House: Read second time
- 02/03/97 House: Committee amendment agreed to
- 02/03/97 House: Engrossed by House as amended
- 02/03/97 House: Printed as engrossed 973824346-E
- 02/04/97 House: Read third time and passed House (Block Vote) (100-Y 0-N)
- 02/04/97 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/04/97 House: Communicated to Senate
- 02/05/97 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/05/97 Senate: Referred to Committee for Courts of Justice
- 02/12/97 Senate: Reported from Courts of Justice (15-Y 0-N)
- 02/13/97 Senate: Const. reading disp., passed by for the day (39-Y 0-N)
- 02/13/97 Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
- 02/13/97 Senate: Reconsideration of passed by for the day (40-Y 0-N)
- 02/13/97 Senate: VOTE: (40-Y 0-N)
- 02/13/97 Senate: Passed by for the day
- 02/14/97 Senate: Read third time
- 02/14/97 Senate: Passed Senate (40-Y 0-N)
- 02/14/97 Senate: VOTE: PASSAGE (40-Y 0-N)
- 02/21/97 House: Bill text as passed House and Senate (HB2572ER)
- 02/26/97 House: Enrolled
- 02/26/97 House: Signed by Speaker
- 02/27/97 Senate: Signed by President
- 03/11/97 Governor: Approved by Governor-Chapter 262 (effective 7/1/97)
- 03/17/97 Governor: Acts of Assembly Chapter text (CHAP0262)