Bill Text | History of Actions | Background | Title |
Description: Position of trust; provide triple damages for certain violations of fiduciary duty.
Bill Text: [Introduced]
| 1 | 01/13 (H) Referred To Judiciary A | |
| 2 | 01/31 (H) Died In Committee |
| Effective date | July 1, 2006 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Holland
Title: AN ACT TO DEFINE "POSITION OF TRUST" AND TO TRIPLE THE DAMAGES AVAILABLE IN A CIVIL ACTION AGAINST A PERSON WHO USES HIS POSITION OF TRUST OR A FIDUCIARY OR CONFIDENTIAL RELATIONSHIP WITH AN OWNER TO CONVERT THE OWNER'S PROPERTY TO HIS OWN USE, OR TO DECEIVE, INTIMIDATE, EXPLOIT, OR UNDULY INFLUENCE THE OWNER SO AS TO OBTAIN CONTROL OVER PROPERTY WITH THE INTENT TO PERMANENTLY DEPRIVE THE OWNER OF THE OWNERSHIP, BENEFIT, OR POSSESSION THEREOF, OR WHO IS PROVEN BY CLEAR AND CONVINCING EVIDENCE TO HAVE EMBEZZLED, EXTORTED, STOLEN, OR TAKEN THE OWNER'S PROPERTY BY FRAUD OR FALSE PRETENSES WHILE HOLDING A POSITION OF TRUST OR BEING IN A FIDUCIARY OR CONFIDENTIAL RELATIONSHIP WITH THE OWNER; AND FOR RELATED PURPOSES.
End Of Document
2006/html/History/HB/HB0885.htm