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The unclaimed property community has been waiting with bated breath for a viable option for past-due property in California. On February 17, 2022, a…

The Situation: The unclaimed property community has been waiting with bated breath for a viable option for past-due property in California.

On February 17, 2022, Assembly Bill 2280 was introduced in the California Assembly. AB 2280 offers a long-awaited solution for companies owing past-due property to the State of...