Update on New Legislation: Delaware Kicks Off New Unclaimed Property Voluntary Disclosure Program with Website Launch

November 21, 2012 02:08 PM
 
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According to a November 14 Wall Street Journal article , the Delaware Secretary of State launched its new website (www.delawarevda.com) to assist holders in taking advantage of its new unclaimed property Voluntary Disclosure Agreement (“VDA”) process.  Delaware’s new VDA program offers a significant opportunity for companies to come into full compliance with Delaware’s unclaimed property laws under a new process with reduced look-back periods and no interest or penalty assessments for companies fulfilling the terms of their VDA.  

To read full article, click here. 

 

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