SB 403: Unclaimed Property; property is presumed abandoned; provide for exceptions

Summary

A BILL to be entitled an Act to amend Article 5 of Chapter 12 of Title 44 of the O.C.G.A., relating to disposition of unclaimed property, so as to provide for exceptions to when property is presumed abandoned; to provide for abandonment and liquidation of virtual currency; to authorize delay of publication of notice on the "Georgia Unclaimed Property List" under certain circumstances; to provide for methods of payment of claims; to waive the requirement of a probate court order for claims of heirs under certain circumstances; to provide for circumstances under which a claim is void; to provide for definitions; to amend Title 48 of the O.C.G.A., relating to revenue and taxation, so as to waive confidentiality of certain tax records; to provide for related matters; to repeal conflicting laws; and for other purposes.

Latest recorded action

No action recorded yet.

May 5, 2026

This is the latest action supplied by the source, not the full legislative history.

Track bills like this one

Mandate alerts you when a bill that matters to your organization moves, and explains what it means.