SB 135 (1997): adopting the uniform "transfer on death" security registration act.

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@misc{bill-1997-sb135, title = {SB 135 (1997): adopting the uniform "transfer on death" security registration act.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1997/sb135}, note = {Accessed 24 Oct. 2026} }

SB 135 (1997)

adopting the uniform "transfer on death" security registration act.

  • Status: Signed into law
  • Term: 1997-1998
  • House committee: Commerce
  • Senate committee: Banks
  • Subject: Miscellaneous
  • Chapter law: 231

The Story

It was introduced on January 9, 1997 and referred to the Senate Banks committee. The committee held a public hearing on January 28, 1997. The committee voted unanimously, 4–0, to recommend that the Senate pass it. On February 13, 1997 the Senate voted to pass it on a voice vote. It crossed to the House on February 19, 1997 and was referred to the House Commerce committee. The committee held a public hearing on April 2, 1997. The committee held work sessions on April 15, 1997 and April 16, 1997. The majority of the committee recommended that the House pass it with changes unanimously, 15–0, and the report was placed on the consent calendar. On May 20, 1997 the House voted to pass it with changes. On May 28, 1997 the Senate voted to agree to the other chamber's changes on a voice vote. The bill was enrolled on June 10, 1997 — the final check of the text before it goes to the governor. An enrolled bill amendment () was adopted on a voice vote on June 10, 1997. These correct technical errors found after passage. The governor signed it on June 18, 1997, making it Chapter 231 of the session laws. It took effect on January 1, 1998.

Sponsors

  • Sen. Gordon (SD2) (prime sponsor)

Hearings and Sessions

  • January 28, 1997, 1:00 PM: hearing, Senate Banks, RM102,LOB
  • April 2, 1997, 9:30 AM: hearing, House Commerce, RM302,LOB
  • April 15, 1997, 9:45 AM: subcommittee work session, House Commerce, RM302,LOB
  • April 16, 1997, 9:30 AM: subcommittee work session, RM302,LOB

Votes

  • February 13, 1997, Senate: Ought to Pass — voice vote, passed
  • May 28, 1997, Senate: Concur — voice vote, passed

The Docket

  • January 9, 1997: INTRODUCED AND REF TO BANKS; SJ2, P34
  • January 28, 1997: HEARING JAN28 01:00 RM102,LOB FOR: BANKS
  • February 10, 1997: COMM REPORT OTP FOR FEB13 (VOTE: 4-0)
  • February 13, 1997: PASSED/ADOPTED VV; SJ5, P68 & 79
  • February 19, 1997: INTRODUCED AND REF TO COMMERCE; HJ29,P579
  • February 25, 1997: COPY TO CHAIRMAN ON 02/25/97 DUE ON 04/29/97
  • April 2, 1997: HEARING APR02 09:30 RM302,LOB FOR: COMMERCE
  • April 15, 1997: SUBCOM WORK SESSION APR15 09:45 RM302,LOB FOR: COMMERCE
  • April 16, 1997: CONTINUED SUBCOM WORK SESSION APR16 09:30 RM302,LOB
  • April 30, 1997: DEADLINE CHANGED TO 05/15/97, AM TO HOUSE RULES ADOPTED VV
  • May 14, 1997: MAJ REPORT OTP/AM FOR MAY20 (VOTE 15-0;CC)
  • May 14, 1997: PROP COMM AM<1288>; HC62,P1786-1787
  • May 20, 1997: PASSED WITH AM; HJ66,P1898-1899 + 1951
  • May 28, 1997: SEN CONC WITH HOUSE MA, SEN FRASER MA VV; SJ21,P416
  • June 10, 1997: ENROLLED AM<0038E>, AM ADOPTED; SJ23(2),P583
  • June 10, 1997: ENROLLED AM, AA VV; HJ73,P2073
  • June 10, 1997: ENROLLED; SJ23(II),P622
  • June 10, 1997: ENROLLED; HJ76,P2122
  • June 18, 1997: SIGNED BY GOVERNOR 06/18/97 EFF: 01/01/98 CHAP.0231

Laws It Would Change

From the General Court