Senate Bill No. 505
(By Senators Craigo and Dittmar)
____________
[Introduced February 21, 1994; referred to the Committee
on the Judiciary.]
____________
A BILL to amend article eight, chapter thirty-six of the code of
West Virginia, one thousand nine hundred thirty-one, as
amended, by adding thereto a new section, designated section
eighteen-a, relating to allowing a private citizen a fee of
twenty-five percent of any cash found by the citizen and
turned over to the state or a political subdivision of the
state.
Be it enacted by the Legislature of West Virginia:
That article eight, chapter thirty-six of the code of West
Virginia, one thousand nine hundred thirty-one, as amended, be
amended by adding thereto a new section, designated section
eighteen-a, to read as follows:
ARTICLE 8. UNIFORM DISPOSITION OF UNCLAIMED PROPERTY ACT.
§36-8-18a. Cash money; finder's fee.
Cash money found by a private citizen, not in the course of
or as a result of the the citizen's employment with the state or
with any political subdivision of the state, which is turned overto the state or a political subdivision of the state, shall be
deposited in accordance with the provisions of section eighteen
of this article: Provided, That the private citizen who found
the cash is entitled to twenty-five percent of the cash as a
finder's fee.
NOTE: The purpose of this bill is to allow a citizen, not
in the course of employment with the state or a political
subdivision of the state, who finds cash and turns it over to the
state or a political subdivision of the state, to collect a
finder's fee of twenty-five percent of the cash.
This section is new; therefore, strike-throughs and
underscoring have been omitted.