HB678: Trusts; release or ratification of trustee by beneficiary, response of beneficiary in writing.
Legislative Summary
Trustees; settlement of accounts; notice and statements to beneficiaries; requirements. Provides that the beneficiary of a trust shall be deemed to have released a trustee and ratified all actions of a trustee for the administration of a trust if, when the trust terminates or the trustee ceases to serve, the trustee sends the beneficiary notice and the beneficiary does not object within 60 days after the trustee sent such notice. The bill also requires the trustee to provide to the beneficiary certain financial information related to the trust.
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Bill History
Amendments
Senate amendments engrossed
Senate amendments engrossed
Amendment(s) for HB678 for S-Courts of Justice
Amendment(s) for HB678 for S-Courts of Justice
Substitute for HB678 Courts of Justice, Civil
Substitute for HB678 Courts of Justice, Civil
Substitute for HB678 Courts of Justice, Civil
Substitute for HB678 Courts of Justice, Civil
Senate amendments
Senate amendments
Roll Call Votes
Status Information
Sponsors
Primary Sponsor
