In its first preemption determination, on April 19, 2013, the Consumer Financial Protection Bureau (CFPB) ruled that Tennessee's unclaimed property statute provisions applicable to gift cards are preempted by federal law. The...more
On April 19, 2013, the Consumer Financial Protection Bureau (“CFPB”) announced it was making a determination to preempt a provision of Tennessee unclaimed property law that it deemed inconsistent with the federal Electronic...more
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...more
We end the first month of the year with a report on major insurance topics that we will be watching in 2013.
Many of these developments can be traced to discrete events or market or political forces. This year, those...more
On November 1, 2012, you may have filed state unclaimed property reports or are getting ready to do so for March 1, 2013 or May 1, 2013, depending on the state. On the other hand, you may not have filed, or plan to file, any...more
An article in yesterday’s Wall Street Journal, entitled “Delaware Targets Unclaimed Property,” discusses Delaware’s significant interest in pursuing unclaimed property compliance. As the article notes, Delaware’s unclaimed...more
For more than an hour on January 8, Delaware Secretary of State Jeffrey Bullock and an attorney administering the new program, Geoffrey Sawyer, took questions from Sara Lima and Michael Wynne of Reed Smith’s State Tax Group....more
JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...
Learn More or Schedule a demo