CALL FOR WORKING GROUP MEMBERS
IIAC Seeks Volunteers to Comment on New Brunswick Unclaimed Property Program
Under legislation passed earlier this year but yet to be proclaimed, New Brunswick businesses holding lost or forgotten financial property will be required to attempt to locate the owners and, if unsuccessful, to report and remit the financial property to New Brunswick’s new Unclaimed Property Program. New Brunswick has published for comment proposed rules for administering the Program. The proposals could impact IIAC member firms operating in New Brunswick.
The IIAC is forming a working group to review the proposals and submit comments. Members interested in participating in the IIAC working group can contact Jack Rando.