Bill Status of SB1586 102nd General Assembly
Short Description: RUUPA-AUTOMATED CLEARING HOUSE
Sen. Robert F. Martwick - John Connor and Laura M. Murphy
| 2/26/2021||Senate||Referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Revised Uniform Unclaimed Property Act. Provides that an apparent owner's interest in property includes a deposit into or withdrawal from an account at a financial organization, including (rather than except for) a recurring Automated Clearing House debit or credit previously authorized by the apparent owner, except for (rather than or) an automatic reinvestment of dividends or interest.