Legislature(1995 - 1996)
02/15/1996 01:34 PM Senate L&C
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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
SL&C 2/15/96 SB 258 TRUSTS & PROPERTY TRANSFERS IN TRUST SENATOR KELLY announced SB 258 to be up for consideration. SHERMAN ERNOUF, Legislative Aide to Senator Kelly, explained that the proposed committee substitute conforms this bill to the House bill. It allows national banks to be recognized in the definition and allows the property to be managed by Alaskans only. SENATOR KELLY stated they have heard no opposition to this bill. The Alaska Banking Industry does support this bill. SENATOR TORGERSON moved to adopt the CS to SB 258. There were no objections and it was so ordered. SENATOR TORGERSON moved to pass CSSB 258 from Committee with individual recommendations. There were no objections and it was so ordered.
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