IN SB0305 | 2015 | Regular Session

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on January 8 2015 - 25% progression, died in committee
Action: 2015-01-08 - First Reading: referred to Committee on Civil Law
Pending: Senate Civil Law Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Nontrustee fiduciaries. Defines certain categories of nontrustee fiduciaries. Specifies certain powers and duties of nontrustee fiduciaries with respect to the administration of trusts. Provides limitations on the liability that may be imposed upon nontrustee fiduciaries in the exercise of their powers and performance of their duties. Provides limitations on the liability that may be imposed on trustees with respect to their interaction with nontrustee fiduciaries. Specifies rules governing the choice of law with respect to nontrustee fiduciaries.

Tracking Information

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Title

Nontrustee fiduciaries. Defines certain categories of nontrustee fiduciaries. Specifies certain powers and duties of nontrustee fiduciaries with respect to the administration of trusts. Provides limitations on the liability that may be imposed upon nontrustee fiduciaries in the exercise of their powers and performance of their duties. Provides limitations on the liability that may be imposed on trustees with respect to their interaction with nontrustee fiduciaries. Specifies rules governing the choice of law with respect to nontrustee fiduciaries.

Sponsors


History

DateChamberAction
2015-01-08SenateFirst Reading: referred to Committee on Civil Law
2015-01-08SenateAuthored by Senator Bray

Indiana State Sources


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