Introduced
by
To revise the law that restricts "perpetuities,” which is a legal doctrine intended to prevent assets from being tied-up in long-term family or "dynasty" trusts, so as to reference the 2008 law exempting certain personal property from the ban.
Referred to the Committee on Judiciary
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
Referred to the Committee on Judiciary
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 109 to 1 (details)
To revise the law that restricts "perpetuities,” which is a legal doctrine intended to prevent assets from being tied-up in long-term family or "dynasty" trusts, so as to reference the 2008 law exempting certain personal property from the ban.
