2011 -- H 5755
A N A C T
RELATING TO PROBATE PRACTICE AND PROCEDURE - UNCLAIMED INTANGIBLE AND TANGIBLE PROPERTY
Introduced By: Representatives Jackson, JP O`Neill, Silva, and Keable
Date Introduced: March 03, 2011
It is enacted by the General Assembly as follows:
SECTION 1. Chapter 33-21.1 of the General Laws entitled "Unclaimed Intangible and
Tangible Property" is hereby amended by adding thereto the following section:
33-21.1-28.1. Disposition of "de minimis" property. – (a) The administrator may
dispose of any "de minimis" property delivered under this chapter that has been in possession of
the administrator for more than ten (10) years. No action or proceeding may be maintained
against the state, or any officer, or against the holder for any action taken by the administrator
pursuant to this section.
(b) For the purposes of this chapter, "de minimis" property means any property with a
value of less than fifty dollars ($50.00).
SECTION 2. This act shall take effect upon passage.