SB 407 Modifies definition of "owner" in beneficiary deeds
Sponsor: Mayer
LR Number: 1768S.02P Fiscal Note: 1768-02
Committee: Judiciary and Civil & Criminal Jurisprudence
Last Action: 7/14/2005 - Signed by Governor Journal Page:
Title: SCS SB 407 Calendar Position:
Effective Date: August 28, 2005
House Handler: Lipke

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Current Bill Summary

SCS/SB 407 - This act states that the term "owner" when used to define a person having a right to create a beneficiary deed shall include any such person, regardless of the terminology used to refer to the owner in the deed. This act will apply to all beneficiary deeds, including those executed prior to August 28, 2005.