2018 House Bill 6129 / Public Act 662

Revise trust fund detail

Introduced in the House

June 7, 2018

Introduced by Rep. Klint Kesto (R-39)

To allow trust instruments to provide for a separate trustees provision, with the whole trusteeship divided into discrete sets of separately accepted fiduciary responsibilities.

Referred to the Committee on Law and Justice

Oct. 2, 2018

Reported without amendment

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

Nov. 28, 2018

Passed in the House 109 to 0 (details)

Received in the Senate

Nov. 29, 2018

Referred to the Committee on Judiciary

Dec. 12, 2018

Reported without amendment

With the recommendation that the bill pass.

Dec. 20, 2018

Passed in the Senate 38 to 0 (details)

To allow trust instruments to provide for a separate trustees provision, with the whole trusteeship divided into discrete sets of separately accepted fiduciary responsibilities.

Signed by Gov. Rick Snyder

Dec. 28, 2018