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House Bill 1786


 

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House Bill 1786

ARCHIVE (2007)

Latest Information

 
DIGEST OF INTRODUCED BILL

Unclaimed property. Allows the attorney general to publish a notice of unclaimed property electronically on the attorney general's web site instead of in a newspaper if the address of the apparent owner of the property: (1) is not reported to the attorney general by the previous holder of the property; or (2) is outside Indiana. Provides that an electronic notice of unclaimed property must remain on the attorney general's web site for at least two weeks. Provides that if the attorney general's examination of a person's records reveals that the person holds property that is reportable under the law governing abandoned property, the attorney general may assess the cost of the examination against the person at a reasonable rate established by the attorney general. (Current law provides that the attorney general may recover the cost of the examination at a rate of $200 a day for each examiner.)
Current Status:
 In Committee - first House
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