Bill Title: Unclaimed property act and savings bonds. Provides that, for purposes of the law concerning unclaimed property, United States savings bonds are presumed abandoned three years after the date the bonds stop earning interest. Provides that all property rights and legal title to United States savings bonds and proceeds from the bonds vest solely in the state. Requires the attorney general to: (1) collect any United States savings bonds escheated to the state, including any proceeds from the bonds; and (2) transfer all money received to the treasurer of state for deposit in the abandoned property fund. Allows a person who

Spectrum: Partisan Bill (Republican 5-0)

Status: (Passed) 2015-04-23 - Public Law 47 [SB0282 Detail]

Text: Latest bill text (Enrolled) [PDF]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Greg Walker [R]	Primary	Sponsored Bills	SD-041	FollowTheMoney	Ballotpedia	VoteSmart
Senator James Buck [R]	Primary	Sponsored Bills	SD-021	FollowTheMoney	Ballotpedia	VoteSmart
Senator Dennis Kruse [R]	Cosponsor	Sponsored Bills	SD-014	FollowTheMoney	Ballotpedia	VoteSmart
Representative Timothy Wesco [R]	Primary	Sponsored Bills	HD-021	FollowTheMoney	Ballotpedia	VoteSmart
Representative Jim Lucas [R]	Primary	Sponsored Bills	HD-069	FollowTheMoney	Ballotpedia	VoteSmart

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