Mississippi House Bill 1181 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 2 2010 - 100% progression
Action: 2010-02-02 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Be Known And Cited As The Mississippi Qualified Disposition Act; To Create New Section 91-9-701, Mississippi Code Of 1972, To Enact A Short Title; To Create New Section 91-9-703, Mississippi Code Of 1972, To Create Definitions; To Create New Section 91-9-705, Mississippi Code Of 1972, To Specify The Contents Of A Qualified Affidavit; To Create New Section 91-9-707, Mississippi Code Of 1972, To Provide For Claims And Actions Against Property Subject To Qualified Disposition; To Create New Section 91-9-709, Mississippi Code Of 1972, To Specify The Transferor's Powers And Rights; To Create New Section 91-9-711, Mississippi Code Of 1972, To Provide When And Under What Circumstances A Qualified Disposition May Be Avoided; To Create New Section 91-9-713, Mississippi Code Of 1972, To Enact A Spendthrift Provision; To Create New Section 91-9-715, Mississippi Code Of 1972, To Specify Persons Qualified To Serve As Trustees And Advisors; To Create New Section 91-9-717, Mississippi Code Of 1972, To Specify Persons Qualified To Serve As Investment Advisors; To Create New Section 91-9-719, Mississippi Code Of 1972, To Provide For Appointment Of Successor Trustees; To Create New Section 91-9-721, Mississippi Code Of 1972, To Provide When A Trust Is Not Revocable; To Create New Section 91-9-723, Mississippi Code Of 1972, To Provide For Applicability Of The Article; To Amend Sections 91-9-503, 91-9-505 And 91-9-507, Mississippi Code Of 1972, To Conform; To Repeal Section 91-9-509, Mississippi Code Of 1972, Which Provides For The Situation When A Settlor Is Beneficiary Of A Settlor-created Trust As Inconsistent With This Act; And For Related Purposes.

Mississippi Qualified Disposition Act; enact.

Rep. Bobby Moak [D]

Date	Chamber	Action
2010-02-02		Died In Committee
2010-01-18		Referred To Judiciary A

Type	Source
Summary	https://billstatus.ls.state.ms.us/2010/pdf/history/HB/HB1181.xml
Text	https://billstatus.ls.state.ms.us/documents/2010/html/HB/1100-1199/HB1181IN.htm