H.B. 519: Unclaimed Property Modifications

About this bill

Signed by the governor on March 18, 2026. This bill modifies the Revised Uniform Unclaimed Property Act.

• Defines terms
• Establishes standards for the unclaimed property administrator's (administrator's) custody of digital assets presumed abandoned, including requirements for: the presumption of abandonment for digital assets; the delivery of abandoned digital assets to the administrator's custody; the sale or liquidation of abandoned digital assets by the holder at the direction of the administrator; the maintenance of abandoned digital assets by the holder if delivery is not possible; and the sale or liquidation of abandoned digital assets by the administrator
• Makes technical and conforming changes

Full bill page: steps, fiscal note and sponsors · Chief sponsor Jordan D. Teuscher