PRESUMPTIVELY VOID TRANSFERS
Summary
Amends the Presumptively Void Transfers Article of the Probate Act of 1975. Replaces references to the term "transfer instrument" with "transfer". Changes the definitions of "family member" and "transfer". Provides that if the court determines the transferor lacked the requisite capacity to convey, the entire transfer instrument shall be deemed void. Provides that if the property in question is an interest in real property, a purchaser or mortgagee for value and without notice, before the recordation of a lis pendens for an action, shall take free and clear of the action. Provides that a holder of property shall not be liable for distributing or releasing the property to the transferee if the distribution or release occurs prior to the holder being made a party to an action challenging the transfer. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2017
Committee Review
Floor Vote
Governor
Introduced Feb 8, 2017
Last action Jan 8, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
17
Key actions
6
Committee
9
Amendments
2
Apr 28, 2017
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 29, 2017
Lower · Passed
Do Pass as Amended / Short Debate Judiciary - Civil Committee; 011-000-000
lower
Mar 29, 2017
Lower · Passed
House Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote
lower
Mar 29, 2017
Lower · Passed
Reported Back To Judiciary - Civil Committee;
lower
Mar 29, 2017
Lower · Passed
Recommends Do Pass Subcommittee/ Judiciary - Civil Committee; 003-000-000
lower
Mar 8, 2017
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee
lower
Mar 6, 2017
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Mar 6, 2017
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch
lower
Feb 24, 2017
Lower · Passed
To Trusts & Estates Law Subcommittee
lower
Feb 22, 2017
Committee
Assigned to Judiciary - Civil Committee
lower
Feb 8, 2017
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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