DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 17 Original 2017 Regular Session Terry Brown
Abstract: Authorizes the disclosure of brokerage account information of a decedent by a brokerage
firm to any representative of the decedent's estate upon sufficient proof of the death of the
decedent and the relationship with the decedent.
Proposed law authorizes the disclosure of brokerage account information of a decedent by a
brokerage firm to a representative of, or attorney for, the decedent's estate upon sufficient proof of
the death of the decedent and the relationship with the decedent.
Proposed law requires that the brokerage firm receive written notice of the customer's death and
evidence of the person's authority to represent the decedent.
Proposed law defines "brokerage firm" as a financial institution that facilitates the buying and selling
of financial securities, including publicly traded stocks, bonds, and other securities through the agent
stockbrokers of the firm or through online trading services provided by the firm.
(Adds R.S. 51:710.3)