Join now!   |   Subscribe   |   Pay an Invoice   |   Contact Us   |   Sign In
Advocacy
Share |

UPPO advocates on behalf of the holder community. The advocacy agenda of UPPO focuses on ensuring: fairness and balance, ambiguities are clarified, the preservation of holders and owners constitutional rights.

UPPO's Advocacy Efforts
UPPO is actively involved in the Uniform Law Commission's (ULC) redrafting of the Uniform Unclaimed Property Act. The organization is representing the holder community by participating in drafting meetings and submitting feedback and written recommendations to the ULC.

Uniform Law Commission's Role in Unclaimed Property
This will be the Uniform Law Commission's (ULC) fourth attempt to revise and update the Uniform Unclaimed Property Act (UUPA) since 1954. The most current UUPA was published in 1995, and has been adopted by only 14 states. With the low participatory rate, technological developments, and the potential of new property types, the ULC decided to once again revise the UUPA. 

The ULC is comprised of 12 members, six advisers, one reporter, and two staff liaisons. The committee is currently accepting stakeholder feedback in written form, and various organizations have submitted their feedback which will be considered during their next drafting meeting.

 


Submissions to ULC 

 

Written Recommendations submitted to ULC in June 2014

 

Supplemental Submission to the ULC made in October 2014

December 2014 supplemental submission to the ULC

Issues Refinement document submitted to ULC in September 2014

 

Stakeholder submissions to ULC redrafting committee


Additional Documents & Submissions

 

Amicus Curiae Brief submitted to the U.S. Supreme Court regarding the Taylor v. Yee Petition for Writ of Certiorari

 

Submitted Delaware Audit Manual Recommendations

 

Letter to Nevada State Treasurer regarding new consolidated reporting policy

 

Letter to Michigan Senator Brandenburg regarding HB 4703

 

Letter to Texas Rep. Raney regarding TX H.B. 1454

 

Recommendations submitted to Delaware Unclaimed Property Task Force

 

Recommendations submitted to Michigan Department of Treasury regarding proposed audit rules

White Paper: Realities of the Unclaimed Property System and Why Reform is Needed

 




Membership Software Powered by YourMembership  ::  Legal