The House Judiciary Committee heard SB 188 on revised uniform unclaimed property act sponsored by Rep. J. Young. Sen. Koch presented the bill which repeals the unclaimed property act and replaces it with the revised unclaimed property act. On March 16, the following testified in favor of the bill: the Attorney General’s Office, the Indiana Credit Union League, and the Indiana Ba … [Read more...] about Revised Uniform Unclaimed Property Act
property
Revised Uniform Unclaimed Property Act
The Senate Judiciary Committee heard SB 188 regarding revised Uniform Unclaimed Property Act authored by Sen. Koch and Sen. Randolph. The bill repeals several provisions related to unclaimed property, including I.C. 32-34-3 on unclaimed money in possession of a court clerk, and adds new provisions on the revised uniform unclaimed property act. The bill was amended in committee by c … [Read more...] about Revised Uniform Unclaimed Property Act
Recording requirements
The Senate Judiciary Committee heard HB 1056 on recording requirements sponsored by Sen. Linda Brown and Sen. Koch. This bill amends the requirements for instruments and conveyances to be recorded and adds instances in which an instrument is considered validly recorded for purposes of providing constructive notice. This is a fix for a mistake made in a bill last year that made it … [Read more...] about Recording requirements
Recording requirements
The House Judiciary Committee, on January 6th, heard HB 1056 authored Rep. Torr regarding recording requirements. Rep. Torr explained that the bill corrects unintended consequences from changes to the requirements for recording instruments made last session. A minor, technical amendment was adopted by Committee consent. Testimony was heard in support of the amended bill from the: … [Read more...] about Recording requirements
Private property matters
S.E.A. 340, P.L. 80 Effective: July 1, 2020 Requires a conveyance, a mortgage, or an instrument of writing to be recorded to be: (1) acknowledged by the grantor; and (2) proven before certain specified individuals; in certain instances. Requires the summons accompanying a complaint for condemnation to include language regarding the defendant's right to object to the condemnation … [Read more...] about Private property matters