Uniform Unclaimed Property Act: Major Update Will Affect AP Compliance

August 3, 2016

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Accounts payable professionals would be wise to be aware that a new draft of the Uniform Unclaimed Property Act (UUPA) was approved in July. The revised UUPA (“RUUPA”) will now move on to the states and territories for their review and adoption. The RUUPA may have a far-reaching impact on state and territorial requirements governing...

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