AN ACT TO AMEND STATUTES RELATING TO THE STATE TREASURER'S UNCLAIMED PROPERTY DIVISION AND TO EXTEND DMV EMERGENCY RULE AUTHORITY. SL 2021-13. Enacted April 27, 2021. Effective April 27, 2021, except as otherwise provided.
Summary date: Apr 27 2021 - More information
Summary date: Mar 30 2021 - More information
House committee substitute to the 2nd edition makes the following changes.
Amends Section 3.20 of SL 2020-97, as amended, by adding that the Division of Motor Vehicles' authority to adopt emergency rules under this section expires upon the earlier of 30 days after Executive Order No. 116 is rescinded or September 30, 2021. Effective March 31, 2021. Makes conforming changes to the act's titles.
Summary date: Mar 24 2021 - More information
House committee substitute to the 1st edition makes the following changes.
No longer repeals Section 2.6(b) of SL 2020-80, which was effective March 15, 2021, amends GS 116B-67 to allow any person claiming property paid or delivered to the Treasurer to file a claim, instead of limiting claims to those exceeding $250.
Changes the act's effective date to when the act becomes law (was, March 31, 2021).
Summary date: Feb 24 2021 - More information
Amends GS 116B-65 to allow the State Treasurer (Treasurer) to sell abandoned property five years (was, three years) after receiving it.
Repeals Section 2.6(b) of SL 2020-80, which effective March 15, 2021, would have amended GS 116B-67 to allow any person claiming property paid or delivered to the Treasurer to file a claim, instead of limiting claims to those exceeding $250. Now, amends GS 116B-67, to instead to allow a person to file a claim for property paid or delivered to the Treasurer if the amount claimed exceeds $500.
Effective March 31, 2021.
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