Financial Institutions – Abandoned Property – Notice and Records
Sponsor: Brian J. Feldman (District 15)Committee: FinanceSubject: Financial InstitutionsStatus: Hearing canceled (as of Nov 15, 2022)
What this bill does
Official synopsis
Requiring the holder of presumed abandoned property valued at $1,000 or more to send written notice to the apparent owner by certified mail, return receipt requested, rather than by first-class mail; and requiring the holder of abandoned property valued at $1,000 or more to keep records relating to that property.
AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (0)
MGA witness listNo witness list on file because no hearing has been scheduled.