Legislation

Title: Corporations and Associations - Cooperatives - Nonescheat Capital Credits
Sponsored by: Delegate Hornberger
Status: In the House - First Reading House Rules and Executive Nominations
Analysis

Synopsis

Providing that certain unclaimed money held by a cooperative and due to a past member is not considered abandoned property; authorizing a cooperative to use this money only to assist members or to donate to charitable organizations; requiring money not expended within 3 years to be considered abandoned property; etc.

Committees

Original:: Rules and Executive Nominations

Details

Cross-filed with: SB0956

Bill File Type: Regular

Effective Date(s): October 1, 2023

History

Legislation History
Chamber House Calendar Date 2/24/2023 Legislative Date 2/24/2023 Action First Reading House Rules and Executive Nominations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Corporations and Associations - Cooperatives - Nonescheat Capital Credits Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/24/2023	2/24/2023	First Reading House Rules and Executive Nominations
			Text - First - Corporations and Associations - Cooperatives - Nonescheat Capital Credits

File Code

Subjects

Statutes