91st General Assembly
Summary of HB3860
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Status
House Sponsors:

Short description: 
UNCLAIMED PROP-BUSINESS EXCPTN                                             

Synopsis of Bill as introduced:
        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.            
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


 Full Text  Bill Status