SB 403 — Unclaimed Property; property is presumed abandoned; provide for exceptions
Senate Date Signed by Governor
A BILL to be entitled an Act to amend Article 5 of Chapter 12 of Title 44 of the O.C.G.A., relating to disposition of unclaimed property, so as to provide for exceptions to when property is presumed abandoned; to provide for abandonment and liquidation of virtual currency; to authorize delay of publication of notice on the "Georgia Unclaimed Property List" under certain circumstances; to provide for methods of payment of claims; to waive the requirement of a probate court order for claims of heirs under certain circumstances; to provide for circumstances under which a claim is void; to provide for definitions; to amend Title 48 of the O.C.G.A., relating to revenue and taxation, so as to waive confidentiality of certain tax records; to provide for related matters; to repeal conflicting laws; and for other purposes.
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