HB244 Alabama 2017 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2017
Title
Fiduciary funds, unclaimed, paid to circuit clerk for holding, Sec. 19-3-87 am'd.
Description
Under existing law, certain unclaimed balances fiduciary funds that have come into the possession of a clerk of court, probate judge, or sheriff are paid to the treasury of the county after a period of five years.
This bill would specify that unclaimed balances of fiduciary funds would be paid to the clerk of the circuit court.
Relating to unclaimed funds; to amend Section 19-3-87 of the Code of Alabama 1975, to specify that balances of certain unclaimed fiduciary funds be paid to the clerk of the circuit court.
Subjects
Fiduciaries
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 16, 2017 | H | Read for the first time and referred to the House of Representatives committee on Judiciary |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB244 Alabama 2017 Session - Introduced |
Source: Alabama Legislature