Hawaii Unclaimed Property Law Changes
Posted on Aug 21, 2012 by Tim G. |
Many would say…for the better.
Act 229 made significant revisions to Hawaii’s unclaimed property law; these changes became effective July 1, 2012. Notably, the dual (preliminary & final) reporting process was ditched in favor of a single report that is now due on or before Nov. 1st of each year. The law also imposes fee restrictions on professional locators.
If you have any questions about how these changes impact unclaimed filing requirements, please contact us and we will be happy to assist you.