It is the intent of the General Assembly that ยง 23-68-126 as amended by this act apply to pending and future claims in existing delinquency proceedings as well as to claims in delinquency proceedings arising after July 2, 1997; that, in light of the ruling of the United States Supreme Court in United States Department of the Treasury v. Fabe, 508 U.S. 491 (1993), the General Assembly considers this act to be curative, remedial, and not affecting substantive rights in the distribution of assets in delinquency proceedings; that this act is necessary to cure any potential defect in the present priority of distribution scheme that may result from the Fabe decision and to preserve the original intent of the General Assembly with regard to the priorities of payment in delinquency proceedings.
Section: Previous 23-68-122 23-68-123 23-68-124 23-68-125 23-68-126 23-68-127 23-68-128 23-68-129 23-68-130 23-68-131 23-68-132 23-68-133 23-68-134 23-68-135 NextLast modified: November 15, 2016