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SB 525·LA·senate

UNCLAIMED PROPERTY: Requires unclaimed property purchase agreements to include certain information. (gov sig) (EG NO IMPACT See Note)

Passed One ChamberFiled May 6, 2026
Sponsor: Jay Morris (R)
Latest Action

Read by title, under the rules, referred to the Committee on Civil Law and Procedure.

May 12, 2026

Summary

The bill changes Louisiana law so that any written agreement transferring unclaimed property must list specific identifying details about the seller and the property. It also tells claimants what documents they must submit when they file a claim based on such an agreement. The goal is to increase transparency and help the state protect unclaimed assets.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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