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1998 SESSION
HB 665 Trusts; duties of trustees and commissioners of accounts.
Introduced by: R. Creigh Deeds | all patrons ... notes | add to my profiles
SUMMARY:
Commissioners of accounts. Authorizes the court, in its order authorizing the trust or additions thereto, to subject trustees of trusts created for minors in personal injury cases to the same duties to qualify and account as apply to testamentary trustees.
Trustees are required to file an inventory with the commissioner within four months after receipt of any assets and thereafter as assets are received or discovered. The assets are to be valued in the inventory as of the date they are received by the trustee.
A trustee is required to promptly deliver a copy of the trustee's deed to the commissioner. The trustee's deed must include the trustee's mailing address. The provisions governing the filing of a list of heirs are simplified and various provisions are modified to reflect forms created by the Office of the Executive Secretary and provided to the clerks.
FULL TEXT
- 01/22/98 House: Presented & ordered printed 988360837 pdf
- 02/11/98 House: Printed as engrossed 988360837-E pdf
- 03/11/98 Senate: Floor substitute printed 988466739-S1 (Williams) pdf
- 03/31/98 House: Bill text as passed House and Senate (HB665ER) pdf
- 04/27/98 Governor: Acts of Assembly Chapter text (CHAP0610) pdf
AMENDMENTS
HISTORY
- 01/22/98 House: Presented & ordered printed 988360837
- 01/22/98 House: Referred to Committee for Courts of Justice
- 01/26/98 House: Assigned to C. J. sub-committee: 2
- 02/06/98 House: Reported from C. J. with amendments (20-Y 3-N)
- 02/09/98 House: Read first time
- 02/10/98 House: Read second time
- 02/10/98 House: Passed by for the day
- 02/11/98 House: Read second time
- 02/11/98 House: Committee amendments agreed to
- 02/11/98 House: Amendment by Mr. Deeds agreed to
- 02/11/98 House: Engrossed by House as amended
- 02/11/98 House: Printed as engrossed 988360837-E
- 02/12/98 House: Read third time and passed House (89-Y 8-N)
- 02/12/98 House: VOTE: PASSAGE (89-Y 8-N)
- 02/12/98 House: Communicated to Senate
- 02/13/98 Senate: Constitutional reading dispensed
- 02/13/98 Senate: Referred to Committee for Courts of Justice
- 02/23/98 Senate: Assigned to C. J. sub-committee: Civil & Property Law
- 03/08/98 Senate: Reported from Courts of Justice w/amds. (13-Y 0-N 1-A)
- 03/09/98 Senate: Const. reading disp., passed by for the day (39-Y 0-N)
- 03/09/98 Senate: VOTE: (39-Y 0-N)
- 03/10/98 Senate: Read third time
- 03/10/98 Senate: Reading of amendments waived
- 03/10/98 Senate: Committee amendments agreed to
- 03/10/98 Senate: Passed by for the day
- 03/11/98 Senate: Read third time
- 03/11/98 Senate: Committee amendments reconsidered (40-Y 0-N)
- 03/11/98 Senate: VOTE: RECONSIDER R (40-Y 0-N)
- 03/11/98 Senate: Committee amendments rejected
- 03/11/98 Senate: Reading of substitute waived
- 03/11/98 Senate: Substitute by Sen. Williams offered
- 03/11/98 Senate: Passed by for the day
- 03/11/98 Senate: Floor substitute printed 988466739-S1 (Williams)
- 03/12/98 Senate: Read third time
- 03/12/98 Senate: Reading of substitute waived
- 03/12/98 Senate: Substitute by Sen. Williams rejected (15-Y 23-N 2-A)
- 03/12/98 Senate: VOTE: FLOOR SUB. WILLIAMS V (15-Y 23-N 2-A)
- 03/12/98 Senate: Reconsider committee amendments agreed to (40-Y 0-N)
- 03/12/98 Senate: VOTE: RECONSIDER R (40-Y 0-N)
- 03/12/98 Senate: Committee amendments agreed to
- 03/12/98 Senate: Engrossed by Senate as amended
- 03/12/98 Senate: Passed Senate with amendments (39-Y 0-N)
- 03/12/98 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 03/12/98 House: Placed on Calendar
- 03/12/98 House: Senate amendments agreed to by House (90-Y 6-N)
- 03/12/98 House: VOTE: ADOPTION (90-Y 6-N)
- 03/12/98 House: Title replaced
- 03/31/98 House: Bill text as passed House and Senate (HB665ER)
- 04/06/98 House: Enrolled
- 04/06/98 House: Signed by Speaker
- 04/08/98 Senate: Signed by President
- 04/15/98 Governor: Approved by Governor-Chapter 610 (effective 7/1/98)
- 04/27/98 Governor: Acts of Assembly Chapter text (CHAP0610)