An Act to Amend Title 12 of the Delaware Code Related to Abandoned or Unclaimed Property.
It became law on Jun 29, 2017.
- Stage
- Became law
- Started in
- Senate
- Latest action
- Jun 29, 2017
What it does
This Act makes corrections and changes to Senate Bill No. 13 of the 149th General Assembly (81 Del. Laws, c. 1), which was signed February 2, 2017, as follows: Section 1 ensures holders have sufficient time to comply with Senate Bill No. 13’s due diligence requirements with owners. Section 2 clarifies that the State will indemnify and defend a holder against claims made by a foreign jurisdiction for property paid or delivered to the State Escheator in good faith. Section 3 corrects an internal reference. Section 4 corrects an inconsistency among dates. Sections 5 and 6 correct certain date issues that may arise if the Department of Finance chooses to publish final regulations later than…
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.