Delaware Amends Abandoned And Unclaimed Property Self-Disclosure Program

more+
less-

Recently, Delaware enacted HB 2, which amends the state’s voluntary self-disclosure program for abandoned and unclaimed property. Among other things, the bill creates additional incentives for holders of such property to report it to the state and resolve claims. Specifically, holders of such property that disclosure before June 30, 2013 will have up to one additional year to enter into an agreement and make payment.

Topics:  Abandoned Property, Incentives, Unclaimed Property

Published In: Commercial Real Estate Updates, Residential Real Estate Updates, Zoning, Planning & Land Use Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© BuckleySandler LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »