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HB 519·UT·house

Unclaimed Property Modifications

Signed into LawFiled Feb 9, 2026
Sponsor: Jordan Teuscher (R)
Latest Action

Governor Signed

Mar 18, 2026

Summary

The bill amends the Revised Uniform Unclaimed Property Act to define digital assets and set rules for when they are considered abandoned. It requires holders of digital‑asset accounts to deliver, maintain, or liquidate those assets under the direction of the state’s unclaimed‑property administrator. The changes aim to treat digital assets like other unclaimed property so owners can later claim them.

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

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