Louisiana 2019 2019 Regular Session

Louisiana House Bill HB124 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 8 (HB 124) 2019 Regular Session	Jones
Existing law provides that certain unclaimed monetary funds paid by the town of Berwick
into the registry of the court for the expropriation of property which would otherwise be
deemed abandoned pursuant to present law shall revert to being funds of the town of Berwick
under certain circumstances.
Prior law provided that existing law applied only to monetary funds that had not been
claimed for at least 12 years.
New law amends prior law to apply to monetary funds that have not been claimed for at least
5 years held by either the administrator or the court.
Effective August 1, 2019.
(Amends R.S. 9:154.1(A))