2008-02-21                     Senate Journal                      Page 1964
HB 197                                                                                                                        
The Judiciary Committee considered 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                                                          

2008-02-21                     Senate Journal                      Page 1965
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." Signing do pass: Senator French,                                                              
Chair; Senators Wielechowski, Huggins.                                                                                          
                                                                                                                                
The following fiscal information was published today:                                                                           
          Fiscal Note No. 3, zero, Department of Commerce, Community                                                           
      and Economic Development                                                                                                  
     Fiscal Note No. 4, zero, Department of Law                                                                                 
                                                                                                                                
The bill was referred to the Rules Committee.