CHAPTER 320

FORMERLY

SENATE BILL NO. 466

AN ACT TO AMEND CHAPTER 11, PART II, TITLE 12 OF THE DELAWARE CODE RELATING TO ESCHEAT.

Be it enacted by the General Assembly of the State of Delaware:

Section 1. Amend §1198 (j), Chapter 11, Title 12 of the Delaware Code, by redesignating paragraph (11) thereof as paragraph (12).

Section 2. Amend §1198 (j), Chapter 11, Title 12 of the Delaware Code, by adding the following new paragraph, designated as paragraph (11), to said section:

"(11) amounts refundable from customer deposits heretofore or hereafter collected by a public utility and any interest due thereon, and which have remained unclaimed by the persons entitled thereto for seven years from the date they become payable;"

Approved May 20, 1974.