92nd General Assembly Summary of HB3232    [ Home ]   [ Back ]   [ Legislation ]

Legislation:   Please enter a bill number.

House Sponsors:
MEYER.

Short description: 
CORP FIDUCIARY ASSESSMENTS                                                 

Synopsis of Bill as introduced:
        Amends the Corporate Fiduciary Act.  Provides for the  management      
   of  business  affairs of an independent corporate fiduciary by a board      
   of directors.  Authorizes staggered terms for directors.  Provides for      
   the assessments for the Corporate Fiduciary  Receivership  account  in      
   the  Bank  and  Trust  Company Fund to be levied until $5,000,000  has      
   been deposited into the account.  Requires corporate fiduciaries to be      
   audited each  year  by  an  independent  licensed  public  accountant.      
   Effective immediately.                                                      
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 


 Full Text  Bill Status