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DE HB471

Bill

Status

Engrossed

6/24/2010

Primary Sponsor

George

Click for details

Origin

House of Representatives

145th General Assembly

AI Summary

  • Amends Section 1203(a) of Title 12, Delaware Code, to clarify that its provisions apply "unless otherwise addressed in §1203(b)"

  • Establishes that subsections (a) and (b) of Section 1203 are mutually exclusive and cannot be applied together to the same set of facts

  • Resolves existing statutory ambiguity where legal arguments could be made that both subsections apply simultaneously to similar circumstances

  • Pertains to escheat law, which governs the transfer of unclaimed property to the state

Legislative Description

An Act To Amend Title 12 Of The Delaware Code Relating To Escheats.

Last Action

Passed by House of Representatives. Votes: Passed 39 YES 0 NO 0 NOT VOTING 2 ABSENT 0 VACANT

6/24/2010

Committee Referrals

Judiciary6/15/2010

Full Bill Text

No bill text available