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SB 52 (2025)

Regulate replacement of trustees and actions of beneficiaries

This bill became law.

Last updated 2025-12-04 11:32 pm
Summary:

Prevents a beneficiary of a trust from removing a trustee or fiduciary and replacing them with a relative or subordinate. This bill also expands the scope of whom may be considered a trustee, and repeals limitations imposed on certain trustees who are also beneficiaries.

Bill Sponsor:
Daniel Innis
Republican party logo
Status:
SIGNED BY GOVERNOR
Status Detail:
Signed by Governor
Public Hearing Date:
04/22/2025 01:45 pm
Public Hearing Location:
LOB Room 302-304
House Voting Date:
06/05/2025
Senate Voting Date:
01/30/2025
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