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With the passage of sweeping unclaimed property legislation in Delaware in early February and the introduction of new proposed legislation in several states, incorporating some aspects of the 2016 Revised Uniform Unclaimed Property Act (RUUPA), unclaimed property compliance requirements and enforcement procedures are in flux and becoming more complex than ever. Among the reforms that have been proposed or enacted, modifications include changes to state due diligence requirements, eligibility criteria, and enforcement practices that will impact companies in all industries.
Please join us for a one-hour Webcast hosted by KPMG LLP’s (KPMG) National Unclaimed Property practice to learn more about the proposed and adopted legislative changes and how the changes will impact companies’ compliance obligations.
During this session, you will learn about:
Significant enforcement and compliance-related features of the new Delaware unclaimed property law enacted through the passage of Senate Bill 13
Factors to consider in evaluating the appropriateness of the new Delaware expedited audit and audit-to-VDA conversion options
Key features of the 2016 RUUPA and discussion of its origins, debate, and drafting process
Pending legislation, including state proposals to incorporate aspects of the RUUPA and important deviations.