Bill Sponsors: IN SB0376 | 2018 | Regular Session

Bill Title: Unclaimed property. Provides, for purposes of the unclaimed property act, that a time deposit that is automatically renewable is considered matured upon the expiration of its initial period, unless: (1) the owner has consented to a renewal at the time of the account opening or at about the time of the renewal; and (2) the consent is in writing or is evidenced by the original account agreement or by any memorandum or other record on file with the holder of the account. (Current law does not specify that the owner's consent to renewal can occur at the time of the

Spectrum: Moderate Partisan Bill (Republican 6-1)

Status: (Passed) 2018-03-14 - Public Law 70 [SB0376 Detail]

Text: Latest bill text (Enrolled) [PDF]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Clyde Perfect [R]PrimarySponsored BillsSD-043FollowTheMoneyBallotpediaVoteSmart
Senator Travis Holdman [R]PrimarySponsored BillsSD-019FollowTheMoneyBallotpediaVoteSmart
Senator Eric Bassler [R]PrimarySponsored BillsSD-039FollowTheMoneyBallotpediaVoteSmart
Senator Elizabeth Brown [R]CosponsorSponsored BillsSD-015FollowTheMoneyBallotpediaVoteSmart
Representative Charles Burton [R]PrimarySponsored BillsHD-058FollowTheMoneyBallotpediaVoteSmart
Representative Jeff Ellington [R]PrimarySponsored BillsHD-062FollowTheMoneyBallotpediaVoteSmart
Representative Carey Hamilton [D]PrimarySponsored BillsHD-087FollowTheMoneyBallotpediaVoteSmart

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