2007-05-03                     House Journal                      Page 1071
HB 197                                                                                                                        
The following was read the second time:                                                                                         
                                                                                                                                
     HOUSE BILL NO. 197                                                                                                         
     "An Act relating to the issuance of shares of professional                                                                 
     corporations to a trust, to trusts, to trustees, to the removal of a                                                       
     trustee, to the compensation of a trustee and a person employed by                                                         
     a trustee, to a trustee's accepting or rejecting a trusteeship, to co-                                                     
     trustees, to a vacancy in a trusteeship, to the resignation of a                                                           
     trustee, to delivery of trust property by former trustees, to the                                                          
     reimbursement of trustee expenses, to the certification of a trust,                                                        
     to the suitability of a trustee, to the place of administration of a                                                       
     trust, to a trustee's power to appoint property to another trust, to a                                                     
     change of the percentage of trust property to be considered                                                                
     principal, to the determination of the value of a trust, and to a                                                          
     settlor's intent when transferring property in trust; amending Rules                                                       
     54 and 82, Alaska Rules of Civil Procedure; and providing for an                                                           
     effective date."                                                                                                           
                                                                                                                                
with the:                                                    Journal Page                                                       
                                                                                                                                
 JUD RPT 4DP 2NR                                                       707                                                      
 FN1: ZERO(LAW)                                                        708                                                      
 L&C RPT 3DP 3NR                                                     1033                                                       
 FN1: ZERO(LAW)                                                      1033                                                       
 FN2: ZERO(CED)                                                      1033                                                       
                                                                                                                                
Representative Samuels moved and asked unanimous consent that                                                                   
HB 197 be considered engrossed, advanced to third reading, and                                                                  
placed on final passage.                                                                                                        
                                                                                                                                
There was objection.                                                                                                            
                                                                                                                                
                                                                                                                                
HB 197 will advance to third reading on tomorrow's calendar.