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 now also include the claiming successor's relationship to the decedent or the basis for their claim, and it requires an affirmation of the truthfulness of the statements made, with acknowledgment of potential perjury penalties. Furthermore, the bill stipulates 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.
Additionally, the bill outlines specific requirements for transferring titles of motor vehicles and similar items, mandating that an affidavit be submitted to the Department of Motor Vehicles. However, it provides a provision that waives certain requirements after ten years if evidence of the estate's closure is presented along with a certified death certificate. The original section 30-24,125 is repealed as part of this legislative update.