Bill Summary for H 692/SL 2011-230 (2011-2012)

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Bill: INCREASE PAYMENT OF UNCLAIMED PROPERTY CLAIMS.

Summary date: 

Jun 30 2011
S.L. 2011-230

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 692 (Public) Filed Wednesday, April 6, 2011
TO MODIFY THE STATUTES GOVERNING UNCLAIMED PROPERTY IN ORDER TO INCREASE CLAIMS PAID TO RIGHTFUL OWNERS AND REDUCE REPORTING BURDENS ON BUSINESS HOLDERS OF UNCLAIMED PROPERTY.
Intro. by Hurley, Randleman.

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Bill summary

AN ACT TO MODIFY THE STATUTES GOVERNING UNCLAIMED PROPERTY IN ORDER TO INCREASE CLAIMS PAID TO RIGHTFUL OWNERS AND REDUCE REPORTING BURDENS ON BUSINESS HOLDERS OF UNCLAIMED PROPERTY. Summarized in Daily Bulletin 4/6/11 and 5/5/11. Enacted June 23, 2011. Effective October 1, 2011.