Mike Jones
- Democratic
- Delegate
- District 77
Primary
Termination of trust; notice requirements. Provides that a trustee seeking to terminate a trust consisting of trust property that has a total value of less than $100,000 may do so without a court order, provided that the trustee sends notice, as specified in the bill, to any qualified beneficiaries or cotrustees. This bill is identical to SB 63.
Termination of trust; notice requirements.Provides that a trustee seeking to terminate a trust may do so withouta court order, provided that the trustee sends notice, subject tocertain provisions enumerated in the bill, to any qualified beneficiariesor cotrustees. The bill also provides that a qualified beneficiaryor cotrustee who objects to the termination of the trust may provideto the trustee seeking to terminate the trust written notice of suchobjection within 60 days of receipt of the notice of termination.
Acts of Assembly Chapter text (CHAP0282)
Approved by Governor-Chapter 282 (effective 7/1/24)
Governor's Action Deadline 11:59 p.m., April 8, 2024
Enrolled Bill communicated to Governor on March 11, 2024
Signed by President
Bill text as passed House and Senate (HB332ER)
Signed by Speaker
Enrolled
Passed Senate (40-Y 0-N)
Read third time
Constitutional reading dispensed (39-Y 0-N)
Reported from Courts of Justice (11-Y 0-N)
Constitutional reading dispensed
Referred to Committee for Courts of Justice
VOTE: Block Vote Passage (98-Y 0-N)
Read third time and passed House BLOCK VOTE (98-Y 0-N)
Engrossed by House - committee substitute HB332H1
Committee substitute agreed to 24105569D-H1
Read second time
Read first time
Reported from Courts of Justice with substitute (22-Y 0-N)
Committee substitute printed 24105569D-H1
House subcommittee amendments and substitutes offered
Subcommittee recommends reporting with substitute (8-Y 0-N)
Assigned Courts sub: Civil
Prefiled and ordered printed; offered 01/10/24 24102292D
Referred to Committee for Courts of Justice
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/10/24 24102292D | PDF HTML |
| Committee substitute printed 24105569D-H1 | PDF HTML |
| HB332ER | PDF HTML |
| CHAP0282 | PDF HTML |
| Document | Format |
|---|---|
| No related documents. |
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