2009 Senate Bill 385 / Public Act 44

Overhaul Michigan Trust Code

Introduced in the Senate

March 17, 2009

Introduced by Sen. Hansen Clarke (D-1)

To revise the Michigan uniform fraudulent transfer Act to reflect the revisions and updated of the Michigan Trust Code proposed by Senate Bill 387. For details see Senate Fiscal Agency <a href="http://www.legislature.mi.gov/documents/2009-2010/billanalysis/Senate/pdf/2009-SFA-0383-F.pdf">analysis</a>.

Referred to the Committee on Judiciary

April 2, 2009

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Passed in the Senate 37 to 0 (details)

To revise the Michigan uniform fraudulent transfer Act to reflect the revisions and updated of the Michigan Trust Code proposed by Senate Bill 387.

Received in the House

April 2, 2009

Referred to the Committee on Judiciary

April 29, 2009

Reported without amendment

With the recommendation that the amendment be adopted and that the bill then pass.

June 3, 2009

Amendment offered

To establish that if passed the bill will go into effect on April 1, 2010.

The amendment passed by voice vote

Passed in the House 108 to 0 (details)

To revise the Michigan uniform fraudulent transfer Act to reflect the revisions and updated of the Michigan Trust Code proposed by Senate Bill 387.

Received in the Senate

June 4, 2009

Passed in the Senate 36 to 0 (details)

Signed by Gov. Jennifer Granholm

June 18, 2009