House Bill 104 Alabama 2026 Session

Summary

Primary Sponsor

Chris Blackshear Representative

Republican

Session

2026 Regular Session

Title

Uniform Disposition of Unclaimed Property; allow finders to contract and locate State Treasurer property, account for digital assets

Description

Under existing law, abandoned property is subject to the custody of the State Treasurer.

This bill would authorize the State Treasurer to take custody of abandoned digital assets and establish guidelines for the disposal of those assets.

This bill would authorize the State Treasurer to order the liquidation of certain digital assets.

This bill would also clarify the requirements of an enforceable agreement between owners or apparent owners and finders to locate, recover, or assist in the recovery of unclaimed property held by the State Treasurer.

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Subjects

Property & Estates