Trustees, certain; protection from liability. (SB180)
Introduced By
Sen. Richard Stuart (R-Westmoreland)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
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. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/10/2012 | Prefiled and ordered printed; offered 01/11/12 |
01/10/2012 | Prefiled and ordered printed; offered 01/11/12 12103176D |
01/10/2012 | Referred to Committee for Courts of Justice |
01/23/2012 | Reported from Courts of Justice (15-Y 0-N) (see vote tally) |
01/24/2012 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
01/25/2012 | Read second time and engrossed |
01/26/2012 | Read third time and passed Senate (38-Y 0-N) (see vote tally) |
01/26/2012 | Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally) |
01/26/2012 | Passed Senate (40-Y 0-N) (see vote tally) |
02/13/2012 | Placed on Calendar |
02/13/2012 | Read first time |
02/13/2012 | Referred to Committee for Courts of Justice |
02/16/2012 | Assigned Courts sub: #2 Civil |
02/27/2012 | Subcommittee recommends reporting (9-Y 0-N) |
02/27/2012 | Reported from Courts of Justice (18-Y 0-N) (see vote tally) |
02/29/2012 | Read second time |
03/01/2012 | Read third time |
03/01/2012 | Passed House BLOCK VOTE (99-Y 0-N) |
03/01/2012 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
03/06/2012 | Enrolled |
03/06/2012 | Bill text as passed Senate and House (SB180ER) |
03/06/2012 | Signed by Speaker |
03/08/2012 | Signed by President |
04/04/2012 | G Approved by Governor-Chapter 562 (effective 7/1/12) |
04/04/2012 | G Acts of Assembly Chapter text (CHAP0562) |