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MO SB59

Bill

Status

Passed

7/11/2011

Primary Sponsor

Stanley Cox

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Origin

Senate

2011 Regular Session

AI Summary

  • Establishes "Transparency in Private Attorney Contracts Act" requiring the state attorney general to post contingency fee contracts and payments on a website within specified timeframes and submit annual reports to the legislature.

  • Modifies power of attorney provisions to clarify authority granted to attorneys-in-fact, including powers over trusts, gifts, beneficiary designations, and anatomical gifts, while prohibiting certain actions like making wills or living will declarations.

  • Increases small claims court jurisdiction from $3,000 to $5,000 and implements the "Uniform Adult Guardianship and Protective Proceedings Jurisdiction Act" to establish multi-state procedures for guardianship and conservatorship appointments and transfers.

  • Changes trustee notification timelines from 60 days to 120 days for accepting trusteeship and notifying qualified beneficiaries of irrevocable trusts.

  • Modifies trust accounting procedures by changing from "valuation years" to "accounting quarters" and simplifies the unitrust amount calculation method for determining trust distributions.

Legislative Description

Modifies provisions regarding judicial procedures

Last Action

Signed by Governor

7/11/2011

Committee Referrals

Judiciary4/12/2011
Judiciary And Civil And Criminal Jurisprudence1/20/2011

Full Bill Text

No bill text available