Amend CSHB 2240 on page 5, line 1, between "delegated" and the 
period, by inserting the following:
	", unless:                                                              
		(1) the agent is an affiliate of the trustee; or                       
		(2) under the terms of the delegation:                                 
			(A) the trustee or a beneficiary of the trust is 
required to arbitrate disputes with the agent; or
			(B) the period for bringing an action by the 
trustee or a beneficiary of the trust with respect to an agent's 
actions is shortened from that which is applicable to trustees 
under the law of this state"