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2016 SESSION

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HB 366 Disposition of unclaimed property; intangible property held by locality.

Introduced by: Glenn R. Davis | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Disposition of unclaimed property held by locality. Limits the duty of a county, city, or town to report and remit abandoned intangible property by providing that intangible property that is held by a locality for the owner and that has remained unclaimed by the owner for more than one year after it became payable is presumed abandoned only if its value exceeds $25.


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