| Old | New | Differences | |
|---|---|---|---|
| 1 | - | General Assembly Substitute Bill No. 6680 | |
| 2 | - | January Session, 2013 *_____HB06680JUD___041713____* | |
| 1 | + | General Assembly Raised Bill No. 6680 | |
| 2 | + | January Session, 2013 LCO No. 4899 | |
| 3 | + | *04899_______JUD* | |
| 4 | + | Referred to Committee on JUDICIARY | |
| 5 | + | Introduced by: | |
| 6 | + | (JUD) | |
| 3 | 7 | ||
| 4 | 8 | General Assembly | |
| 5 | 9 | ||
| 6 | - | ||
| 10 | + | Raised Bill No. 6680 | |
| 7 | 11 | ||
| 8 | 12 | January Session, 2013 | |
| 9 | 13 | ||
| 10 | - | ||
| 14 | + | LCO No. 4899 | |
| 11 | 15 | ||
| 12 | - | AN ACT CONCERNING ACCESS TO JOINTLY OWNED ASSETS THAT ARE LOCATED IN A SAFE DEPOSIT BOX. | |
| 16 | + | *04899_______JUD* | |
| 17 | + | ||
| 18 | + | Referred to Committee on JUDICIARY | |
| 19 | + | ||
| 20 | + | Introduced by: | |
| 21 | + | ||
| 22 | + | (JUD) | |
| 23 | + | ||
| 24 | + | AN ACT CONCERNING ACCESS TO JOINTLY HELD ASSETS THAT ARE LOCATED IN A SAFE DEPOSIT BOX. | |
| 13 | 25 | ||
| 14 | 26 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
| 15 | 27 | ||
| 16 | - | Section 1. (NEW) (Effective October 1, 2013) Whenever the sole owner of a safe deposit box dies | |
| 28 | + | Section 1. (NEW) (Effective October 1, 2013) Whenever the sole owner of a safe deposit box dies, the owner's next of kin, spouse or any person showing a sufficient interest in the presence of a jointly held asset may apply to the Probate Court for an order to open the deceased owner's safe deposit box to obtain a jointly held asset that may be contained therein. The Probate Court may issue such order ex parte. The safe deposit box shall be opened in the presence of an officer of the bank who shall make return of such order to the court stating: (1) That the jointly held asset was removed from the safe deposit box, or (2) that there was no such jointly held asset in the safe deposit box and nothing was removed. | |
| 17 | 29 | ||
| 18 | 30 | ||
| 19 | 31 | ||
| 20 | 32 | ||
| 21 | 33 | This act shall take effect as follows and shall amend the following sections: | |
| 22 | 34 | Section 1 October 1, 2013 New section | |
| 23 | 35 | ||
| 24 | 36 | This act shall take effect as follows and shall amend the following sections: | |
| 25 | 37 | ||
| 26 | 38 | Section 1 | |
| 27 | 39 | ||
| 28 | 40 | October 1, 2013 | |
| 29 | 41 | ||
| 30 | 42 | New section | |
| 31 | 43 | ||
| 44 | + | Statement of Purpose: | |
| 32 | 45 | ||
| 46 | + | To provide the Probate Court with the authority to enter an order that allows the owner of a jointly held asset to remove such asset from a safe deposit box, which is solely owned by another person who has died, while in the presence of a bank officer. | |
| 33 | 47 | ||
| 34 | - | JUD Joint Favorable Subst. | |
| 35 | - | ||
| 36 | - | JUD | |
| 37 | - | ||
| 38 | - | Joint Favorable Subst. | |
| 48 | + | [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.] |