SB 356 - Romine, Gary
Adds circumstances in which a no-contest clause in an irrevocable trust is not enforceable
Bill Details
Sponsor
LR Number
1588S.01I
Title
SB 356
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2017
Current Status
Hearing Cancelled S Judiciary and Civil and Criminal Jurisprudence Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 356 - Current law provides circumstances in which a no-contest clause in an irrevocable trust is not enforceable. This act states that no-contest clauses are also not enforceable against an interested person for filing a claim for relief concerning a breach of trust by a trustee or the removal of a trustee.
This act is identical to provisions in the truly agreed to and finally passed version of SB 128 (2017), SCS/HCB 1 (2017), SCS/HCS/HB 427 (2017), and SCS/SB 171 (2017).
JESSI BAKER