2008-03-12                     Senate Journal                      Page 2173
HB 197                                                                                                                        
HOUSE BILL NO. 197 am "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" was                                                              
read the second time.                                                                                                           
                                                                                                                                
Senator Ellis moved and asked unanimous consent that the bill be                                                                
advanced to third reading and placed on final passage. Without                                                                  
objection, it was so ordered.                                                                                                   
                                                                                                                                
HOUSE BILL NO. 197 am was read the third time.                                                                                  
                                                                                                                                
The question being: "Shall HOUSE BILL NO. 197 am "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" pass the Senate?" The roll was taken                                                           
with the following result:                                                                                                      
                                                                                                                                

2008-03-12                     Senate Journal                      Page 2174
HB 197 am                                                                                                                       
Third Reading - Final Passage                                                                                                   
Effective Date            Court Rules                                                                                           
                                                                                                                                
YEAS:  19   NAYS:  0   EXCUSED:  1   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Bunde, Cowdery, Davis, Dyson, Ellis, Elton, French, Green,                                                               
Hoffman, Huggins, McGuire, Olson, Stedman, Stevens, Therriault,                                                                 
Thomas, Wagoner, Wielechowski, Wilken                                                                                           
                                                                                                                                
Excused:  Kookesh                                                                                                               
                                                                                                                                
and so, HOUSE BILL NO. 197 am passed the Senate.                                                                                
                                                                                                                                
Senator Ellis moved and asked unanimous consent that the vote on the                                                            
passage of the bill be considered the vote on the Court Rule changes.                                                           
Without objection, it was so ordered.                                                                                           
                                                                                                                                
Senator Ellis moved and asked unanimous consent that the vote on the                                                            
passage of the bill be considered the vote on the effective date clause.                                                        
Without objection, it was so ordered and the bill was signed by the                                                             
President and Secretary and returned to the House.