The Unclaimed Property Legislative Alert
Summary of Legislation — Week Ending November 19, 2021
DISTRICT OF COLUMBIA: Bill 24-0285 (effective November 13, 2021). Enacted legislation adopts a version of the Revised Uniform Unclaimed Property Act. The insurance law is amended to require life insurers to compare policies, annuities, and retained asset accounts to the death master file, attempt to locate beneficiaries, and report unclaimed funds as unclaimed property.
Summary of Legislation — Week Ending November 12, 2021
WISCONSIN: Assembly Bill 325 (effective November 7, 2021). Enacted legislation adopts a modified version of the Revised Uniform Unclaimed Property Act.
Summary of Regulations — Week Ending November 12, 2021
COLORADO: 8 CCR 1508-1 (effective November 30, 2021). Final regulations amend and supplement existing rules following enactment of the Revised Uniform Unclaimed Property Act.
With The Unclaimed Property Legislative Alert Summary of Legislation and Regulation, you receive an overview of the latest information on unclaimed property legislative updates, regulatory changes, and statutory amendments across the United States and Canada. The publicly available information contained herein has been compiled by Kelmar Associates, LLC and does not constitute legal advice or analysis of any kind. The summary information is generally compiled on a weekly basis, as applicable, and is shared on Kelmar's website each month. For more information, please refer to each state unclaimed property bill.