CERTIFICATION OF ENROLLMENT

HOUSE BILL 2841

Chapter 122, Laws of 1992

52nd Legislature

1992 Regular Session

UNCLAIMED PROPERTY LAW‑-USED PERSONAL CLOTHING AND EFFECTS

EFFECTIVE DATE: 6/11/92

Passed by the House February 14, 1992

Yeas 92 Nays 0

JOE KING

Speaker of the

House of Representatives

Passed by the Senate March 5, 1992

Yeas 48 Nays 0

CERTIFICATE

I, Alan Thompson, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 2841 as passed by the House of Representatives and the Senate on the dates hereon set forth.

JOEL PRITCHARD

President of the Senate

ALAN THOMPSON

Chief Clerk

Approved March 31, 1992

FILED

March 31, 1992 - 12:20 p.m.

BOOTH GARDNER

Governor of the State of Washington

Secretary of State

State of Washington

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HOUSE BILL 2841

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Passed Legislature - 1992 Regular Session

State of Washington 52nd Legislature 1992 Regular Session

By Representatives Mitchell, Appelwick, Wood, Winsley, Broback, Paris, Miller, Brough, Forner and Haugen

Read first time 01/29/92. Referred to Committee on Local Government.

AN ACT Relating to application of the uniform unclaimed property act to personal effects; and amending RCW 63.29.020.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1. RCW 63.29.020 and 1988 c 226 s 2 are each amended to read as follows:

(1) Except as otherwise provided by this chapter, all intangible property, including any income or increment derived therefrom, less any lawful charges, that is held, issued, or owing in the ordinary course of the holder's business and has remained unclaimed by the owner for more than five years after it became payable or distributable is presumed abandoned.

(2) Property, with the exception of unredeemed Washington state lottery tickets and unpresented winning parimutuel tickets, is payable and distributable for the purpose of this chapter notwithstanding the owner's failure to make demand or to present any instrument or document required to receive payment.

(3) This chapter does not apply to claims drafts issued by insurance companies representing offers to settle claims unliquidated in amount or settled by subsequent drafts or other means.

(4) This chapter does not apply to property covered by chapter 63.26 RCW.

(5) This chapter does not apply to used clothing, umbrellas, bags, luggage, or other used personal effects if such property is disposed of by the holder as follows:

(a) In the case of personal effects of negligible value, the property is destroyed; or

(b) The property is donated to a bona fide charity.