HOUSE BILL 1083 |
HOUSE AUTHOR: Thompson |
EFFECTIVE: 09-01-01 |
SENATE SPONSOR: Brown, J. E. "Buster" |
House Bill 1083 amends the Probate Code to clarify that the filing of a petition in bankruptcy does not revoke or terminate a durable power of attorney that was established before the bankruptcy proceeding. The bill also specifies that an attorney's actions concerning an individual's property are subject to the limitations and requirements of the United States Bankruptcy Code until a final determination is made in the bankruptcy proceeding.