HB 2462 Unclaimed property; demutualization proceeds.
Frank D. Hargrove, Sr. | all patrons    ...    notes
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Summary as passed: (all summaries)
Unclaimed property; demutualization proceeds. Provides that unclaimed property that became payable or distributable in the course of the demutualization of an insurance company is presumed to be abandoned five years after the earlier of (i) the date of last contact with the policyholder or (ii) the date the property became payable or distributable. The annual report due November 1, 2003, shall include such information for the five years preceding 2003. This bill is identical to SB1133.

Full text:
01/08/03  House: Presented & ordered printed, prefiled 01/08/03 030324211  pdf | impact statement
02/03/03  House: Printed as engrossed 030324211-E  pdf | impact statement
02/27/03  House: Bill text as passed House and Senate (HB2462ER)  pdf | impact statement
03/27/03  Governor: Acts of Assembly Chapter text (CHAP0765)  pdf

Amendments:
House amendments

Status:
01/08/03  House: Presented & ordered printed, prefiled 01/08/03 030324211
01/08/03  House: Referred to Committee for Courts of Justice
01/20/03  House: Referred from Courts of Justice by voice vote
01/20/03  House: Referred to Committee on Commerce and Labor
01/30/03  House: Reported from C. & L. with amendment (22-Y 0-N)
02/01/03  House: Read first time
02/03/03  House: Read second time
02/03/03  House: Committee amendment agreed to
02/03/03  House: Engrossed by House as amended
02/03/03  House: Printed as engrossed 030324211-E
02/04/03  House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
02/04/03  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
02/04/03  House: Communicated to Senate
02/05/03  Senate: Constitutional reading dispensed
02/05/03  Senate: Referred to Committee for Courts of Justice
02/10/03  Senate: Pursuant to S. Rule 20(j), rerefer. by C.J. (14-Y 0-N)
02/10/03  Senate: Rereferred to Commerce and Labor
02/11/03  Senate: Reported from Commerce and Labor (15-Y 0-N)
02/11/03  Senate: Rereferred to Finance
02/11/03  Senate: Reported from Finance (15-Y 0-N)
02/12/03  Senate: Constitutional reading dispensed (40-Y 0-N)
02/12/03  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
02/12/03  Senate: Read third time
02/12/03  Senate: Passed Senate (40-Y 0-N)
02/12/03  Senate: VOTE: (40-Y 0-N)
02/27/03  House: Bill text as passed House and Senate (HB2462ER)
03/05/03  House: Enrolled
03/05/03  House: Signed by Speaker
03/06/03  Senate: Signed by President
03/20/03  Governor: Approved by Governor-Chapter 765 (effective 7/1/03)
03/27/03  Governor: Acts of Assembly Chapter text (CHAP0765)