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j_ccu_2016a_2016-01-12t13:35:49z5 Hearing Summary

Date: 01/12/2016



Final

2.d. Uniform Trust Decanting Act, LLS 16-0133



COMMITTEE ON COLORADO COMMISSION ON UNIFORM STATE LAWS


Votes: View--> Action Taken:
The commission approve the Uniform Trust Decanting Pass Without Objection







02:19 PM -- 2.d. Uniform Trust Decanting Act, LLS 16-0133





02:20 PM --
Jessica Broderick, CBA Trusts & Estates Section, reported that the bar committee has finished studying the act and its suggested amendments have been incorporated in the latest draft of the bill. The plan now is to present the act to the other bar committees for their review and approval.



Kevin Millard, on behalf of himself, pointed out that this is a lengthy bill and may need additional time for the necessary committee consideration.



The commission indicated that it would be possible to introduce the bill and perhaps hold it in committee for a time, but that it was important to keep the bill moving along. Commissioner Steadman volunteered to sponsor the bill and agreed to ask for a waiver of committee deadlines to allow adequate time for consideration.






BILL: 2.d. Uniform Trust Decanting Act, LLS 16-0133
TIME: 02:24:52 PM
MOVED: Commissioner Steadman
MOTION: The commission approve the Uniform Trust Decanting Act, LLS 16-0133 as part of its 2016 legislative agenda. The motion passed without objection.
SECONDED:
VOTE
Gardner
Grimshaw
Excused
Keyser
Excused
Levy
Mielke
Excused
Morris
Pike
Steadman
Shaffer
McGihon
YES: 0 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: Pass Without Objection












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