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Unclaimed property: secure payment of claims.

It became law on Sep 13, 2022.

CA AB 1208 · Assembly Bill · 2021–2022

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Sep 13, 2022

What it does

The Unclaimed Property Law governs the disposition of unclaimed property, including the escheat of certain property to the state. Those provisions require a person holding funds or other property escheated to the state to report to the Controller certain information regarding the property and the owner, and set forth procedures whereby a person may file a claim to the property or to the net proceeds from its sale.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 13, 2022

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Unclaimed property: secure payment of claims. | 52