SB 654 Provides that a provision in a trust instrument requiring mediation or arbitration is enforceable
Sponsor: Keaveny
LR Number: 4124S.01I Fiscal Note available
Committee: Judiciary and Civil and Criminal Jurisprudence
Last Action: 2/26/2014 - Voted Do Pass S Judiciary and Civil and Criminal Jurisprudence Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2014

Full Bill Text | All Actions | Amendments/CCRs/CCSs | Available Summaries | Senate Home Page | List of 2014 Senate Bills

Current Bill Summary


SB 654 - This act provides that a provision in a trust instrument requiring mediation or arbitration is enforceable. However, provisions requiring mediation or arbitration of disputes relating to the validity of the trust are not enforceable unless all interested parties consent to the mediation or arbitration.

This act is identical to provisions contained in HCS/SB 499 (2014) and the truly agreed to and finally passed version of SB 500 (2014).

JESSICA BAKER