Fiduciaries; clarifies presumption of prudence in investing & extends same to custodians & trustees. (HB441)

Introduced By

Del. Terry Kilgore (R-Gate City)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Fiduciaries; presumption of prudence. Clarifies when fiduciaries will receive the presumption of prudence in investing and extends the presumption to custodians and custodial trustees. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2006Prefiled and ordered printed; offered 01/11/06 060774372
01/09/2006Referred to Committee for Courts of Justice
01/18/2006Assigned to Courts of Justice sub-committee: Civil Law
02/15/2006Left in Courts of Justice