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AR HB1665

Bill

Official Source

Status

Passed

3/20/2015

Primary Sponsor

Camille Bennett

Click for details

Origin

House of Representatives

90th General Assembly (2015 Regular)

AI Summary

  • Amends Arkansas Code § 18-28-209 regarding notice and publication of abandoned property lists by the state administrator
  • Changes publication requirement from "a newspaper" to "a newspaper of general circulation in each county" where the property owner's last known address is located
  • Modifies advertisement content requirements to reference "potential owners" instead of "apparent owner" and restructures the required statement disclosures into three main components: owner identification, abandonment status explanation, and information access details
  • Requires advertisements to include internet address and telephone number for the administrator's office, with optional posting at county courthouses
  • Maintains exemption from advertising requirements for property valued under $50.00 or traveler's checks and money orders

Legislative Description

To Amend The Law Concerning Abandoned Property; And To Alter The Method By Which Notice Of The Abandonment Of Property Is Published.

Last Action

Notification that HB1665 is now Act 592

3/20/2015

Committee Referrals

State Agencies & Governmental Affairs3/9/2015
State Agencies and Governmental Affairs3/5/2015

Full Bill Text

No bill text available