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IL SB3213
Bill
Status
Failed
1/13/2015
Primary Sponsor
Christine Radogno
Click for details
AI Summary
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Amends Section 1 of the Uniform Disposition of Unclaimed Property Act (765 ILCS 1025/1) by making a technical change to the definition of "Financial organization"
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Corrects the definition of "Financial organization" to include "savings and loan association" (removes redundant "and" in the text)
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Applies to savings and loan associations, building and loan associations, credit unions, currency exchanges, cooperative banks, mutual funds, and investment companies
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Makes no substantive changes to the Act's provisions regarding unclaimed property reporting and remittance requirements
Legislative Description
CIVIL LAW-TECH
Last Action
Session Sine Die
1/13/2015
Committee Referrals
Assignments2/11/2014
Full Bill Text
No bill text available