Enrolled Bill Summary

Senate Bill 918	Senate Author:  Harris
Effective:  9-1-09	House Sponsor:  Leibowitz

            Current law requires that venue in a proceeding brought by the attorney general alleging breach of a fiduciary duty by a fiduciary or managerial agent of a charitable trust be a court of competent jurisdiction in Travis County or in the county where the defendant resides or has its principal office and entitles the attorney general, if successful in the proceeding, to recover certain costs and fees incurred in bringing the suit.  Senate Bill 918 amends the Property Code to apply that venue requirement and fee entitlement to such a proceeding alleging a breach of a fiduciary duty by a charitable entity.  The bill authorizes a court to award the attorney general court costs and reasonable and necessary attorney's fees as may seem equitable and just in a proceeding in which the attorney general intervenes, other than in a breach of a fiduciary duty proceeding.