HB1592 Clarifies that the provisions of section 461.051 only apply to beneficiary designations made after the 1989 initial effective date of the section.
Sponsor: Liese, Chris (85) Effective Date:00/00/0000
CoSponsor: Elliott, T. Mark (127) LR Number: 3836L.01I
Last Action: 01/27/2000 - Referred: Civil and Administrative Law (H)
HB1592
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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* Introduced
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BILL SUMMARIES

INTRODUCED

HB 1592 -- Nonprobate Transfers

Co-Sponsors:  Liese, Elliott, Auer

Current law automatically revokes a spouse's beneficiary status
(e.g., transfer on death clauses on property) upon the
dissolution of the marriage.  This bill clarifies that this
provision applies only to beneficiary designations made after
August 28, 1989, the effective date of that provision.
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Last Updated October 5, 2000 at 11:33 am