This bill amends section 30-24,125 of the Revised Statutes Cumulative Supplement, 2024, to modify the requirements for collecting personal property from a decedent's estate using an affidavit. Key changes include the addition of provisions allowing for the use of an abstract of death in cases where a certified death certificate is delayed. The affidavit must still confirm the value of the estate does not exceed one hundred thousand dollars, the relationship of the claiming successor to the decedent, and that no application for a personal representative is pending.
Additionally, the bill specifies that a transfer agent must change the registered ownership of securities upon presentation of the affidavit, and it allows successors to endorse or negotiate instruments payable to the decedent. For motor vehicles and similar titles, the bill requires an affidavit to be submitted to the Department of Motor Vehicles, but waives certain requirements after ten years if evidence of estate closure is provided. The original section 30-24,125 is repealed as part of this legislative update.