As states’ unclaimed property and escheat laws proliferate and continue to evolve, Alston & Bird has developed AlstonUP, a comprehensive legislation-tracking website application to inform users about each new state-level proposal. AlstonUP does more than simply track new laws – it’s designed to help organizations actively monitor every relevant bill, from introduction to enactment, to gauge its impact on unclaimed property holders. AlstonUP also tracks proposed agency regulations on a multistate basis.
The state unclaimed property compliance and enforcement landscape has become more complex, and less uniform, in recent years because states view these laws as a mechanism to generate operating revenues as well as a set of consumer protection laws. It’s imperative to have in-depth insights into states’ unique and evolving laws and to understand their potential legal implications on your business operations and regulatory compliance burdens. Maintain your sector leadership – stay up to date and in compliance.
Click here to learn more about AlstonUP.