Video & Transcript Research : 'Uniform Trust Code'

Page 1 of 500
MN

Minnesota 2025 1st Special Session

House Judiciary Finance and Civil Law Committee 2/25/25

Judiciary Finance and Civil Law

Transcript Highlights:
  • This is a revision to some changes to the Minnesota Trust Code and, about 10 years ago, the trust code
  • :21.640> major years ago the trust code underwent major years ago the trust code underwent major
  • trust code in addition Provisions in the trust code in addition the<00:17:38.480> bill<00:17:
  • code since then interpreted the trust code since then and<00:18:19.280> every<00:18:19.520>
  • That is what the Uniform Commercial Code is. In Minnesota, we have enacted many uniform acts.
Bills: HF747, HF360
TX

Texas 89th Regular

Natural Resources Apr 16th, 2025

Natural Resources

Transcript Highlights:
  • format-related that the Legislative Council has proposed. ...deemed necessary and removes the list of codes
  • that do not have a change in the code from the section.
  • The Texas Water Trust was established in 1979 by the legislature as a program within the Texas Water
  • Currently, all surface water rights placed in the trust must be reviewed and approved by the TCEQ in
  • The water trust fund in the future.
OK

Oklahoma 2026 Regular Session

Judiciary Feb 10th, 2026 at 01:30 pm

Judiciary

Transcript Highlights:
  • This is an update to the trust code.
  • trust code to replace the Oklahoma trust code just to get us more on board with everything that was
  • through those as we've been operating uniform trust code and Oklahoma trust code.
  • code, which was initially enacted in the 60s, and replace it with a uniform trust This main part of
  • trust code.
OK

Oklahoma 2026 Regular Session

Civil Judiciary Feb 12th, 2026 at 10:30 am

Civil Judiciary

Transcript Highlights:
  • It is just a uniform trust bill, pretty mundane. A yield a motion of second.
  • adults keep some records about the work that they do and set aside some compensation for them in a trust
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 7th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Such transparency is essential for fostering trust and enabling consumers to make informed financial
  • So, we regulate money services businesses under Chapter 152 of the Texas Finance Code, as it relates
  • In terms of Texas finance code, the definition of a digital asset provider is an electronic platform
  • That's not actually accurate under the family code.
  • This mirrors the Commissioner's authority that exists elsewhere in the Texas Finance Code.
OK
Transcript Highlights:
  • not in any way violate The rights of Oklahomans to protect them from any kind of foreign law, legal code
  • Trust me. Have a motion in a second. Will there be any discussion or debate?
  • Last year, we passed a uniform trustst code, the Oklahoma uniform Trust code. It's about 66 pages.
  • Code and if you'd like me to go through any of this, and if you didn't sleep well last night, I'm it
  • It removes physician faculty members and physician staff at the university hospital Trust.
OK

Oklahoma 2026 Regular Session

Judiciary and Public Safety Oversight Apr 16th, 2026 at 10:30 am

Judiciary and Public Safety Oversight

LA

Louisiana 2026 Regular Session

House and Governmental Affairs May 6th, 2026

House and Governmental Affairs

Transcript Highlights:
  • “Before violating the public trust. So I’m hoping it will improve that.
  • It provides relative to the Uniform Construction Code and Inspector Licensing.
  • Please understand that the Uniform Construction Code Council appeared last year as a standalone entity
  • I trust Representative Wright to work with us going forward.
  • I trust him too.
LA

Louisiana 2026 Regular Session

Commerce May 20th, 2026

Commerce, Consumer Protection, and International Affairs

Transcript Highlights:
  • So until the program is really active, it's not going to impact any cost to the trust.
  • Last year, I'm sorry, Brad Hauser, on behalf of the Louisiana State Uniform Construction Code Council
  • Last year, I'm sorry, Brad Hauser, on behalf of the Louisiana State Uniform Construction Code Council
  • Last year, the Louisiana State Uniform Construction Code Council was transferred from underneath the
  • Sherry Teamer with CONS, Codes, and Standards.
Summary: The Senate Commerce Committee met on April 20, approved the prior meeting minutes, and then heard a series of bills and resolutions. It first advanced H. CR 66, which directs Louisiana Economic Development, working with the Governor’s Office of Rural Development, to study rural parish economic assets, infrastructure, workforce, and development opportunities. The committee also moved HB 387, a clarification allowing the fire marshal to review architectural and engineering plans equally, and HB 1223, which seeks to promote clinical trials in Louisiana by having LED market the state’s research capacity and by adjusting internal review board procedures. HB 1228, a cleanup bill for hearing aid dealers that updates definitions, contracts, testing periods, licensing, and related requirements, was also reported favorably, as was HB 950, which would create an elderly consumer perception program through the Office of Elderly Affairs to help seniors recognize scams and fraud. The committee spent the most time on HB 617, a broad “hidden fees” consumer transparency bill. The author and supporters said it would require mandatory fees to be included in upfront pricing so consumers can make informed choices, while opponents from grocery, restaurant, hotel, housing, retail, and business groups argued the bill was vague, overly broad, and likely to create compliance burdens and litigation risk. Housing advocates objected to the bill’s housing exemption, warning it could weaken renters’ ability to bring claims over undisclosed fees. After extensive debate over variable pricing, sales taxes, enforcement, and the scope of the bill, Senator Morris moved to defer HB 617, and the committee agreed without objection. The committee also heard HB 797, which would create a “Bayou Gold” certification program for certain gold vendors and transactional gold products. The sponsor said the program would encourage vendors to keep gold insured, segregated, and closer to Louisiana consumers, with the Treasury administering the certification through participant fees. Several senators and an outside witness raised concerns that the state seal could be mistaken for an endorsement, could create liability or consumer confusion, and would favor a narrow set of vendors. Despite opposition, the committee reported HB 797 favorably, with members noting it still had to go to Finance. Later, the committee advanced HB 1186, which would create a more uniform statewide building code and licensing system for inspectors, add disciplinary authority, and impose a small permit fee to support the program, and HB 1222, which would let LED develop a grocery initiative to address food deserts and food insecurity. The meeting concluded with the committee hearing HB 1256 on abandoned digital assets, which would require dormant digital assets to be held in original form for three years so owners can reclaim them.
AL

Alabama 2026 1st Special Session

Alabama House Financial Services Committee Jan 28th, 2026

Financial Services

Transcript Highlights:
  • And then you also, that particular trust might be classified as what you call a grantor trust.
  • And then you also, that particular trust might be classified as what you call a grantor trust.
  • And then you also, uh, that particular trust might be classified as what you call a grtor trust.
  • And then you also, that particular trust might be classified as what you call a grantor trust.
  • And then you also, uh, that particular trust might be classified as what you call a grtor trust.
TX

Texas 89th Regular

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • The code also provides exceptions for provisions in construction contracts related to, first, residential
  • We don't use a master code. and a bunch of subs.
  • Care Summit and Perpetual Care Trust funds.
  • House Bill 3806 relates to prohibiting activities of a state trust company under supervision.
  • HB 1922 establishes a uniform accrual date for defects claims.
TX

Texas 89th 2nd C.S.

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • Members, our insurance code Chairman Schwertner: Currently provides certain provisions in a construction
  • The code also provides exceptions for provisions in construction contracts related to, first, residential
  • Currently, the finance code requires holders of retail charge accounts, also known as layaway agreements
  • considered a deposit establishing a debtor-creditor relationship are obligations subject to Finance Code
  • House Bill 3806 relates to prohibited activities of a state trust company under supervision.
TX
Transcript Highlights:
  • Thank you, and, members, our insurance code currently provides that certain provisions in a construction
  • The code also provides exceptions for provisions in construction contracts related to first residential
  • Currently, the Finance Code requires holders of retail charge accounts, also known as layaway agreements
  • considered a deposit establishing a debtor-creditor relationship are obligations subject to Finance Code
  • House Bill 3806 relates to prohibited activities of a state trust company under supervision.
Summary: The committee first took up pending business and favorably reported several House bills without opposition, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061. Each was moved out of committee with a recommendation that it do pass and be printed, and several were also recommended for the local and uncontested calendar. The committee then heard HB 3306, which would extend existing construction-contract indemnity exceptions to electric infrastructure construction, maintenance, and vegetation management work for electric utilities and transmission and distribution utilities. The sponsor said the bill would reduce litigation and insurance costs for ratepayers, while construction industry witnesses argued it would shift liability onto subcontractors and create broad-form indemnity in a way Texas law has generally prohibited since 2011. HB 3306 was left pending. The committee also heard HB 4739, a Comptroller-requested cleanup bill to repeal an outdated Finance Code provision requiring remittance of a portion of certain delinquency charges to the state, and HB 3803, HB 3804, and HB 3806, all Department of Banking-requested cleanup bills dealing with confidentiality and supervision rules for perpetual care funds, state banks, and trust companies. Those bills were briefly explained and left pending without testimony. HB 4219, aimed at improving Public Information Act compliance by requiring timely notice when records do not exist or are being withheld, allowing complaints to the Attorney General, and imposing training and fee consequences for noncompliance, drew support from a journalist and a policy analyst and was also left pending. The committee then heard HB 4238 on coerced debt and identity theft. The sponsor explained that the committee substitute narrows the bill to court-ordered findings of identity theft/coerced debt, gives collectors seven business days to stop collection activity, and removes a section to avoid litigation over court orders. A law professor and a family violence advocate testified in strong support, describing coerced debt as a barrier for domestic violence and elder abuse survivors trying to rebuild credit and access housing, jobs, and utilities. The bill was left pending. HB 1522, which would require local governments to post meeting notices three business days in advance and make budget materials more accessible online and in physical form, also drew support, though a school business officials representative raised concerns about the timing language, proposed-budget wording, and taxpayer impact statements for school districts; the bill was left pending after discussion. Later, the committee heard additional pending bills, including a PUC background-check bill that would expand the commission’s authority to check current employees and contractors and obtain FBI criminal history information, HB 3805 updating money services business regulation, HB 431 extending HOA solar-panel protections to solar tiles, and HB 3228 and HB 3229 on wind and solar recycling financial assurance and recycler solvency. HB 3228 received support from a Sierra Club witness who said recycling and disposal plans are needed for end-of-life renewable energy equipment, and HB 3229 was described as requiring recyclers to show financial resources at 125 percent through a letter of credit or bond. These bills were heard and left pending.
TX

Texas 89th Regular

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • Our insurance code currently provides that certain provisions in a construction contract are invalid
  • The code also provides exceptions for provisions in construction contracts related to first residential
  • House Bill 3806 relates to prohibited activities of a state trust company under supervision.
  • and define identity theft to include violations of specific sections of the Business and Commerce Code
  • to avoid lawsuits filed against court orders. ...of specific sections of the Business and Commerce Code
Summary: The Senate Committee on Business and Commerce met with a quorum and first took up pending business, reporting several House bills favorably to the full Senate, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061, with some also recommended for the local and uncontested or contested calendars. The committee then heard and left pending HB 3306, which would extend construction-contract indemnity exceptions to electric infrastructure work, including construction, maintenance, and vegetation management for utilities. Supporters said it would align utility infrastructure work with public works and reduce litigation and ratepayer costs, while opponents argued it would shift liability onto subcontractors and create broad-form indemnity concerns. Members also heard HB 4739, a Comptroller-requested cleanup bill repealing an outdated Finance Code provision tied to delinquency charges on retail charge accounts, and left it pending without testimony. The committee then considered several Department of Banking cleanup bills, including HB 3803, HB 3804, and HB 3806, all left pending after brief explanations and no public opposition. HB 4219, dealing with public information requests, drew support from a journalist and a policy analyst who said it would improve transparency by requiring timely responses, notice when records do not exist, and training or fee consequences for noncompliance; it was left pending. The committee also heard HB 4238, a committee substitute addressing coerced debt and identity theft, which would bar collection of certain debts from victims who obtain a qualifying court order. A law professor and a family violence advocate supported the bill as narrow, protective relief for domestic violence and elder abuse survivors, and it was left pending. Other bills heard and left pending included HB 1522 on local government budget meeting posting and taxpayer impact disclosures, HB 4344 authorizing background checks for PUC employees and contractors, HB 3805 updating money services business regulation, HB 431 extending solar-panel HOA protections to solar tiles, HB 3228 and HB 3229 on wind and solar recycling financial assurance, and HB 1922 clarifying the accrual date for construction defect claims under right-to-repair law. The committee recessed subject to the call of the chair.
TX

Texas 89th 2nd C.S.

Intergovernmental Affairs Mar 18th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • HB21, and we are working on a committee substitute, is addressing Chapter 394 of the Local Government Code
  • Representative Gates: Code on how an apartment complex can be exempted from all property taxes by entering
  • So those who speak out against these reforms will use emotional words: 'Trust the cities.
  • Unfortunately, the industry as a whole has lost the trust of Texans twice now.
  • Members, if we trust, if you trust your constituents enough to elect you, we should also trust their
Bills: HB21, HB211, HB223
TX

Texas 89th Regular

S/C on Family & Fiduciary Relationships Apr 14th, 2025

S/C on Family & Fiduciary Relationships

Transcript Highlights:
  • This bill relates to statutory trust accountings when a beneficiary sends a trustee a trust accounting
  • Chapter 116 of the Trust Code defines what is trust income and what is trust principal, and it can be
  • Um, and it's not always necessary to determine what is trust principal or trust income if all the beneficiaries
  • are receiving both trust income and trust principal.
  • So this provision in the code is intended to make things more efficient and to cost trusts less money
TX
Transcript Highlights:
  • Well site of certain surface facilities in accordance with the National Electric Code.
  • That's the Railroad Commission, to conduct inspections under both the National Electric Code and PUC
  • Our Texas Administrative Code references the National Electric Code and that code gives a lot of definition
  • , the Houston Pilots Licensing Code. ...and regulatory act which accommodates two-way vessel traffic.
  • The monies from that are going to go into the recycling refund trust fund.