HB 187 (1991): including agents of investment advisors in the definition of "agent" under the securities laws.

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@misc{bill-1991-hb187, title = {HB 187 (1991): including agents of investment advisors in the definition of "agent" under the securities laws.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1991/hb187}, note = {Accessed 24 Oct. 2026} }

HB 187 (1991)

including agents of investment advisors in the definition of "agent" under the securities laws.

  • Status: Signed into law
  • Term: 1991-1992
  • House committee: Commerce, Small Business and Consumer Affairs
  • Senate committee: Banks
  • Subject: Banking and Finance
  • Chapter law: 126

The Story

It was introduced on January 3, 1991 and referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on January 23, 1991. The committee held a work session on February 7, 1991. The majority of the committee recommended that the House pass it with changes unanimously, 14–0, and the report was placed on the consent calendar. On February 21, 1991 the House voted to pass it with changes. It crossed to the Senate on March 5, 1991 and was referred to the Senate Banks committee. The committee held a public hearing on April 9, 1991. The committee recommended that the Senate pass it. On May 7, 1991 the Senate voted to pass it on a voice vote. The bill was enrolled on May 9, 1991 — the final check of the text before it goes to the governor. The governor signed it on May 20, 1991, making it Chapter 126 of the session laws. It took effect on July 19, 1991.

Sponsors

  • Rep. B. Packard (Hills 15) (prime sponsor)

Hearings and Sessions

  • January 23, 1991, 11:30 AM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB
  • February 7, 1991, 9:30 AM: subcommittee work session, House Commerce, Small Business and Consumer Affairs, RM207,LOB
  • April 9, 1991, 9:30 AM: hearing, Senate Banks, RM103,LOB

Votes

  • May 7, 1991, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 3, 1991: INTRODUCED AND REF TO COMMERCE; HJ11,P89
  • January 17, 1991: IN SEAT POCKET ON JAN21 DUE ON FEB25
  • January 23, 1991: HEARING JAN23 11:30 RM207,LOB FOR: COMMERCE
  • February 7, 1991: SUBCOMM WORK SESSION FEB07 09:30 RM207,LOB FOR: COMMERCE
  • February 14, 1991: MAJ REPORT OTP/AM FOR FEB21 (VOTE 14-0;CC)
  • February 19, 1991: PROP COMM AM; HC22,P281
  • February 21, 1991: PASSED WITH AM; HJ30,P457-458 + 486
  • March 5, 1991: INTRODUCED AND REF TO BANKS; (SEE PERM JRNL)
  • April 9, 1991: HEARING APR09 09:30 RM103,LOB FOR: BANKS
  • May 6, 1991: COMM REPORT OTP MAY07
  • May 7, 1991: PASSED VV; SJ22,P295 + 304
  • May 9, 1991: ENROLLED; HJ78,P1803
  • May 9, 1991: ENROLLED; SJ23,P312
  • May 20, 1991: SIGNED BY GOVERNOR 05/20/91 EFF: 07/19/91 CHAP.0126

Laws It Would Change

From the General Court