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HB0158
Rule against perpetuities.
Year
2011
Status
Proposed
Sponsor
Brown
Committee
Not Assigned
Introduced
Jan 25, 2011
15 years ago
Last Action
S Failed 3rd Reading
Status
Not Yet Signed
Bill is pending
Bill Synopsis
Allows certain trusts holding personal property like stocks or cash to last up to 1,000 years, while keeping stricter time limits on trusts that hold real estate.
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Individual Sponsor
This bill was sponsored by Brown rather than by a committee. Individual legislators can introduce bills that are then assigned to committees for review during the legislative process.
Documents & Resources
View Full Bill Text (PDF)
Official bill document
Last Action
S Failed 3rd Reading