Modifies provisions of the revised uniform unclaimed property act in Washington.
The bill modifies provisions of the revised uniform unclaimed property act in Washington by updating definitions, extending deadlines, and clarifying procedures for handling unclaimed property. It adjusts the presumption of abandonment for various types of property, modifies notice requirements for holders, and updates the process for holders to report and deliver property to the administrator. The bill also includes provisions for the sale of certain property, the handling of virtual currency, and the administration of prearrangement funeral service contracts.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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