The passage of the Revised Uniform Unclaimed Property Act modernizes the previous act, necessitating changes to the department's previous rules. The Amendments to existing rules and the creation of new rules relate to the handling of unclaimed property owner records, the remittance of records to the Unclaimed Property program, the oversight of third-party auditors, locator fees and other administrative functions. The amendments ensure that the rules comply with State statutes and Treasury Department operating guidelines. Amendments to the rules were adopted on October 11, 2021.
8 CCR 1508-1.3