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Uniform Trust Code; specific powers of trustee. Expands certain specific powers conferred to a trustee, including the power to guarantee loans, the power to pledge trust property to guarantee loans, the exercise of certain powers with respect to an interest in real property, and the exercise of certain powers relating to stocks and other securities.
Introduced
Jan 7, 2025
Last Action
Mar 19, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Acts of Assembly Chapter text (CHAP0165)
Approved by Governor-Chapter 165 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill communicated to Governor on March 3, 2025
Signed by President
Bill text as passed House and Senate (HB2243ER)
Signed by Speaker
Enrolled
Passed Senate (39-Y 0-N)
Read third time
Rules suspended
Constitutional reading dispensed (on 2nd reading) (36-Y 0-N)
Passed by for the day
Reported from Courts of Justice (15-Y 0-N)
Referred to Committee for Courts of Justice
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (96-Y 0-N)
Read second time and engrossed
Read first time
Reported from Courts of Justice (22-Y 0-N)
Subcommittee recommends reporting (8-Y 0-N)
Assigned Courts sub: Civil
Fiscal Impact Statement from State Corporation Commission (HB2243)
Referred to Committee for Courts of Justice
Prefiled and ordered printed; Offered 01-08-2025 25102762D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0165)