Louisiana 2015 2015 Regular Session

Louisiana House Bill HB692 Chaptered / Bill

                    ENROLLED
ACT No. 350
2015 Regular Session
HOUSE BILL NO. 692
BY REPRESENTATIVE ROBIDEAUX
1	AN ACT
2 To amend and reenact R.S. 9:154(D)(3) and to enact R.S. 9:154(D)(5), relative to
3 presumptions of abandonment of unclaimed property; to provide for the indication
4 of an owner's interest in property presumed abandoned; and to provide for related
5 matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1.  R.S. 9:154(D)(3) is hereby amended and reenacted and R.S. 9:154(D)(5)
8 is hereby enacted to read as follows: 
9 ยง154.  Presumptions of abandonment
10	*          *          *
11	D.  An indication of an owner's interest in property includes the following:
12	*          *          *
13	(3)  The making of a deposit to or withdrawal from a bank account, including
14 any one-time or recurring automatic clearing house transaction, or any other
15 electronic transaction that is owner-directed or otherwise authorized by the account
16 owner.
17	*          *          *
18	(5)  The accessing of a deposit account by the owner through the website or
19 other restricted electronic access point of the banking or financial organization.
20	*          *          *
21 Section 2.  This Act shall become effective upon signature by the governor or, if not
22 signed by the governor, upon expiration of the time for bills to become law without signature
23 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana.  If
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 692	ENROLLED
1 vetoed by the governor and subsequently approved by the legislature, this Act shall become
2 effective on the day following such approval.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:  
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.