An Act to Amend Titles 12 and 25 of the Delaware Code Relating to Abandoned or Unclaimed Property.
It became law on Feb 2, 2017.
- Stage
- Became law
- Started in
- Senate
- Sponsors
- +9
- Latest action
- Feb 2, 2017
What it does
This Act continues the reforms enacted over the past 4 years by restructuring Chapter 11 of Title 12, and adopting in substance many provisions from the 2016 Revised Uniform Unclaimed Property Act promulgated by the Uniform Law Commission. In addition, this Act adopts certain recommendations from the Delaware Unclaimed Property Task Force formed under Senate Concurrent Resolution No. 59 of the 147th General Assembly, and makes significant changes to the State’s unclaimed property law to bring greater predictability, efficiency, and fairness to the State's unclaimed property reporting process and compliance initiatives.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
It is law in Delaware. What happens now is up to the agency that carries it out, the courts, and the place itself.