Relating generally to the West Virginia Uniform Unclaimed Property Act.

Summary

The bill revises the West Virginia Uniform Unclaimed Property Act to require safety‑deposit boxes and safekeeping depositories to deliver unclaimed contents to the State Treasurer within a set time frame, clarifies the process for owners to claim property, and limits the ability of third‑party finders to keep unclaimed assets. It impacts holders of unclaimed personal property, deposit‑box operators, and anyone attempting to locate or claim such property, with the goal of returning more assets to their rightful owners and simplifying administration.

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