MO SB995

Adds "business credit" to the definition of property types, defining it as credit offered between business entities for goods or services without redeemable cash value.

Exempts outstanding checks, drafts, credit balances, overpayments, and unidentified remittances issued to business entities from abandonment presumption if an ongoing business relationship exists between the holder and the business entity.

Reduces the abandonment period for payroll checks from five years to three years beginning January 1, 2015, while maintaining five-year periods for most other property types.

Establishes a three-year statute of limitations for the state treasurer to enforce unclaimed property claims after a report is filed or notice of dispute is given, with a six-year limit for fraudulent reports filed with intent to evade escheatment.

Clarifies that business credits between two business entities or associations are not subject to the unclaimed property provisions.