Unclaimed Property ADVISORY: Illinois General Assembly Stealthily Enacts Version of Revised Uniform Unclaimed Property Act
Illinois passed its first budget in two years – and snuck in (a modified version of) the 2016 Revised Uniform Unclaimed Property Act. Our Unclaimed Property Team unearths the Act’s numerous provisions, many of them unfavorable for holders.
Eliminating the B2B exemption
Other variations from the uniform Act and current Illinois law
Potential legal hurdles
Read the advisory here. [...]Read more