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FL S1642

Bill

Official Source

Status

Failed

3/9/2012

Primary Sponsor

Ronda Storms

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Expands eligibility for agents under power of attorney to include not-for-profit corporations organized for charitable or religious purposes in Florida
  • Requires not-for-profit agent corporations to have been qualified as court-appointed guardians before January 1, 1996
  • Requires not-for-profit agent corporations to hold tax-exempt status under Internal Revenue Code section 501(c)(3)
  • Maintains existing requirements that agents be natural persons 18 years or older or financial institutions with trust powers and state business authorization
  • Effective date: July 1, 2012

Legislative Description

Powers of Attorney

Last Action

Died in Judiciary

3/9/2012

Committee Referrals

Judiciary1/17/2012

Full Bill Text

No bill text available