Loading chat...
FL S1026
Bill
AI Summary
- Increases the aggregate value threshold for small estate accounts from $5,000 to $10,000 in unclaimed property cases
- Modifies power of attorney requirements for recovering unclaimed property by requiring disclosures about the property's location, holder, and value
- Removes the $1,000 maximum fee cap on powers of attorney for unclaimed property recovery, maintaining only the 20 percent per account fee limit
- Eliminates a requirement to include taxpayer identification numbers or social security numbers in powers of attorney documents
- Repeals section 717.1381 relating to unclaimed property powers of attorney and purchase agreements deemed void, effective July 1, 2015
Legislative Description
Unclaimed Property
Last Action
Died in Banking and Insurance
5/1/2015
Committee Referrals
Banking and Insurance2/27/2015
Full Bill Text
No bill text available