May 14, 2020

Revised Uniform Unclaimed Property Act (RUUPA)

Revised Uniform Unclaimed Property Act (RUUPA)

The Revised Uniform Unclaimed Property Act: A Response to Issues Raised in The Business Lawyer, Volume 73 Issue 3
      Charles A. Trost, Michael Houghton, Barnaby Grzaslewicz, Kaitlin D. Wolff, and Benjamin Orzeske, 74(30: 789-800 (Summer 2019)
The Revised Uniform Unclaimed Property Act was approved by the Uniform Law Commission in 2016. The Act is an update of an earlier uniform law that has been adopted in large part by more than forty states. An article published in the summer 2018 issue of The Business Lawyer questioned the constitutionality of certain provisions in the revised uniform act. This response explains why the act is constitutional.