HOUSE BILL NO. 133
AN ACT TO AMEND TITLE 12 OF THE DELAWARE CODE RELATING TO ESCHEAT.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend Section 1203(a), Title 12 of the Delaware Code by inserting "Unless otherwise addressed in §1203(b)," at the beginning of such section between the "(a)" and the words "The payment or delivery".
Section 2. Amend Section 1203(a), Title 12 of the Delaware Code by inserting at the end of the existing language after "such delivery or payment.", a new sentence to read as follows: "Application of this subsection (a) is mutually exclusive of subsection (b) of this section and, accordingly, shall not be applied in conjunction with § 1203(b).".
Approved July 05, 2011