Chapter 301

2011 -- H 5755

Enacted 07/12/11

A N A C T

RELATING TO PROBATE PRACTICE AND PROCEDURE - UNCLAIMED INTANGIBLE AND TANGIBLE PROPERTY

Introduced By: Representatives Jackson, JP O`Neill, Silva, and Keable

Date Introduced: March 03, 2011

It is enacted by the General Assembly as follows:

SECTION 1. Chapter 33-21.1 of the General Laws entitled "Unclaimed Intangible and

Tangible Property" is hereby amended by adding thereto the following section:

33-21.1-28.1. Disposition of "de minimis" property. – (a) The administrator may

dispose of any "de minimis" property delivered under this chapter that has been in possession of

the administrator for more than ten (10) years. No action or proceeding may be maintained

against the state, or any officer, or against the holder for any action taken by the administrator

pursuant to this section.

(b) For the purposes of this chapter, "de minimis" property means any property with a

value of less than fifty dollars ($50.00).

SECTION 2. This act shall take effect upon passage.

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LC01899

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