Michael Houghton Quoted by AP on Uniform Law for Unclaimed Property

Media Mention
Associated Press

Morris Nichols partner Michael Houghton was quoted by The Associated Press in the article entitled “State Unclaimed Property Laws: Discord and Disparities” which discusses recent efforts by the Uniform Law Commission’s Drafting Committee to Revise the Uniform Unclaimed Property Act. Mike co-chairs this ULC revision committee and expressed hope they will work through the “very strong differences of opinion” between state officials and asset holders to draft a new uniform law. “To be successful, this product has to be balanced and address both constituencies,” Mike said.


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