91st General Assembly
Status of HB3860
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 Full Text  Bill Summary

   765 ILCS 1025/2a          from Ch. 141, par. 102a                           

        Amends  the  Uniform  Disposition  of  Unclaimed  Property   Act.      
   Provides  that,  notwithstanding  the  requirement  that  business and      
   banking entities report property unclaimed by the rightful  owner  and      
   earnings to which the owner would be entitled, these entities need not      
   report property or earnings that are for the benefit of another             
   business or banking entity as a result of  a  transaction  that  takes      
   place in the ordinary course of business. Effective immediately.            
   00-01-25  H  FILED WITH CLERK                                               
   00-01-25  H  ADDED AS A JOINT SPONSOR                 NOVAK                 
   00-01-25  H  FIRST READING                                                  
   00-01-25  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   01-01-09  H  SESSION SINE DIE                                               


 Full Text  Bill Summary