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2009 House Bill 347: Expand Authority of Trustees
Introduced by Rep. Joni Marie Gutierrez (D) on January 27, 2009 To allow a trustee whose trust assets include a closely held family business to retain that asset with the approval of a majority of adult trust beneficiaries.   Official Text and Analysis.
Referred to the House Consumers and Public Affairs Committee on January 27, 2009
Referred to the House Judiciary Committee on February 13, 2009
Reported in the House on February 19, 2009
Passed 66 to 1 in the House on February 21, 2009.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To allow a trustee whose trust assets include a closely held family business to retain that asset with the approval of a majority of adult trust beneficiaries.
Received in the Senate on February 21, 2009
Referred to the Senate Public Affairs Committee on February 21, 2009
Referred to the Senate Judicary Committee on March 7, 2009

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