H-433                _______________________________________________

                                                   HOUSE BILL NO. 1018

                        _______________________________________________

State of Washington                               51st Legislature                              1989 Regular Session

By Representatives P. King and Winsley

Prefiled with Chief Clerk 1/5/89.  Read first time 1/9/89 and referred to Committee on Judiciary.

AN ACT Relating to unclaimed property; and amending RCW 63.29.130.

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

        Sec. 1.  Section 13, chapter 179, Laws of 1983 and RCW 63.29.130 are each amended to read as follows:

          Intangible property held for the owner by a court, state or other government, governmental subdivision or agency, public corporation, or public authority which remains unclaimed by the owner for more than ((two)) one year((s)) after becoming payable or distributable is presumed abandoned.