SB 162-RULE AGAINST PERPETUITIES                                                                                
           SB 166-COMMUNITY PROPERTY AGREEMENT/TRUSTS                                                                           
                                                                                                                                
CHAIRMAN KELLY announced that SB 162 and SB 166 were held during                                                                
the interim in case any opposition emerged.  No opposition to                                                                   
either bill was expressed.  According to Senator Taylor, chairman                                                               
of the Senate Judiciary Committee, SB 162 and SB 166 are designed                                                               
to strengthen Alaska trust law.                                                                                                 
                                                                                                                                
VICE-CHAIR LEMAN moved to report all versions of SB 162 and SB 166                                                              
for calendaring.  There being no objection, the motion carried.