summary
Introduced
04/15/2015
04/15/2015
In Committee
04/15/2015
04/15/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation to protect abandoned property owners. Financial Services.
AI Summary
This bill aims to protect owners of abandoned property by amending Section 15C of Chapter 200A of the General Laws. Specifically, it proposes to remove the word "unless" and entirely strike subsections (1), (2), and (3) from this section, which likely deal with conditions or exceptions related to abandoned property. The context suggests that these changes are intended to simplify or alter the existing rules governing how abandoned property is handled, potentially making it easier for owners to reclaim their assets or changing the process by which property is deemed abandoned.
Committee Categories
Business and Industry
Sponsors (7)
Robert Hedlund (R)*,
David DeCoste (R),
Viriato deMacedo (R),
Ryan Fattman (R),
Donald Humason (R),
Richard Ross (R),
Bruce Tarr (R),
Last Action
Accompanied a study order, see S2318 (on 06/06/2016)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/189/Senate/S505 |
| State Bill Page | https://malegislature.gov/Bills/189/S505 |
| Bill | https://malegislature.gov/Bills/189/S505.pdf |
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