Enact the Maine Revised Unclaimed Property Act
|Sponsor:||Senator Lisa Keim, Senate 18 - Oxford County|
|Bill #:||LD 1544|
UPDATE: Governor Mills has signed this bill into law.
UPDATE: The committee voted majority Ought to Pass as Amended.
This bill repeals Maine's Uniform Unclaimed Property Act and enacts the Maine Revised Unclaimed Property Act. The bill also corrects cross-references.
Please note, this section of law deals with gift cards, loyalty cards and other unclaimed property that can impact retailers. We urge our members to review the legislation.