Bill Text - SB244 (2006)

(2nd New Title) relative to unclaimed deposits for utility services.


Revision: Jan. 21, 2010, midnight

CHAPTER 266

SB 244 – FINAL VERSION

03/16/06 1303s

26Apr2006… 1849h

05/24/06… 2320eba

2006 SESSION

06-2384

03/09

SENATE BILL 244

AN ACT relative to unclaimed deposits for utility services.

SPONSORS: Sen. Boyce, Dist 4

COMMITTEE: Energy and Economic Development

AMENDED ANALYSIS

This bill clarifies the presumptions of abandoned deposits.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/16/06 1303s

26Apr2006… 1849h

05/24/06… 2320eba

06-2384

03/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Six

AN ACT relative to unclaimed deposits for utility services.

Be it Enacted by the Senate and House of Representatives in General Court convened:

266:1 Abandoned Deposits. Amend the section heading of RSA 471-C:8 and RSA 471-C:8, I to read as follows:

471-C:8 Deposits and Other Payments as Held by Utilities.

I. A deposit, including any interest thereon, made by a subscriber with a utility to secure payment or any sum paid [in advance] for utility services [to be furnished,] less any lawful deductions, that is due and owing but remains unclaimed by the owner for more than one year after termination of the services for which the deposit or [advance] payment was made is presumed abandoned.

266:2 Effective Date. This act shall take effect 60 days after its passage.

Approved: June 9, 2006

Effective: August 8, 2006

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