SB 1133 Unclaimed property; demutualization proceeds.
Thomas K. Norment, Jr. | 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 information for the 5 years preceding 2003. This bill is identical to HB 2462.

Full text:
01/08/03  Senate: Presented & ordered printed, prefiled 01/08/03 030323211  pdf | impact statement
01/30/03  Senate: Printed as engrossed 030323211-E  pdf | impact statement
02/24/03  Senate: Bill text as passed Senate and House (SB1133ER)  pdf | impact statement
03/27/03  Governor: Acts of Assembly Chapter text (CHAP0750)  pdf

Amendments:
Senate amendments

Status:
01/08/03  Senate: Presented & ordered printed, prefiled 01/08/03 030323211
01/08/03  Senate: Referred to Committee on Commerce and Labor
01/20/03  Senate: Reported from Commerce and Labor (12-Y 0-N)
01/20/03  Senate: Rereferred to Finance
01/28/03  Senate: Reported from Finance with amendment (13-Y 0-N)
01/29/03  Senate: Constitutional reading dispensed (40-Y 0-N)
01/29/03  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
01/30/03  Senate: Read second time
01/30/03  Senate: Reading of amendment waived
01/30/03  Senate: Committee amendment agreed to
01/30/03  Senate: Engrossed by Senate as amended
01/30/03  Senate: Printed as engrossed 030323211-E
01/31/03  Senate: Read third time and passed Senate (40-Y 0-N)
01/31/03  Senate: VOTE: PASSAGE R (40-Y 0-N)
01/31/03  Senate: Communicated to House
02/04/03  House: Placed on Calendar
02/04/03  House: Read first time
02/04/03  House: Referred to Committee on Commerce and Labor
02/11/03  House: Reported from Commerce and Labor (21-Y 0-N)
02/13/03  House: Read second time
02/14/03  House: Read third time
02/14/03  House: Passed House BLOCK VOTE (99-Y 0-N)
02/14/03  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/24/03  Senate: Bill text as passed Senate and House (SB1133ER)
02/26/03  House: Enrolled
02/26/03  House: Signed by Speaker
02/27/03  Senate: Signed by President
03/20/03  Governor: Approved by Governor-Chapter 750 (effective 7/1/03)
03/27/03  Governor: Acts of Assembly Chapter text (CHAP0750)