What’s New in the Revised Uniform Unclaimed Property Act?

K&L Gates LLP
Contact

The unclaimed property laws of most states are based in whole or in part on one of the multiple versions of the Uniform Unclaimed Property Act promulgated by the Uniform Law Commission. The Uniform Act was initially promulgated by the Commission in 1954 and has been revised in 1966, 1981, 1995, and most recently in July 2016. Currently, 15 states and the Virgin Islands have substantially enacted the 1995 version of the Uniform Act, and 23 states have substantially enacted the 1981 version of the Act. The unclaimed property laws of most of the remaining states are either based on one of the earlier versions of the Uniform Act or contain a combination of provisions derived from multiple versions of the Act plus provisions unique to each jurisdiction.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

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.

© K&L Gates LLP | Attorney Advertising

Written by:

K&L Gates LLP
Contact
more
less

K&L Gates LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide