AB325,12,5 177.01 (11g) “Mineral proceeds” means an amount payable for extraction, production, or sale of minerals, or, on the abandonment of the amount, an amount that becomes payable after abandonment. “Mineral proceeds" includes an amount payable:

AB325,12,7 (a) For the acquisition and retention of a mineral lease, including a bonus, royalty, compensatory royalty, shut-in royalty, minimum royalty, or delay rental.

AB325,12,9 (b) For the extraction, production, or sale of minerals, including a net revenue interest, royalty, overriding royalty, extraction payment, and production payment.

AB325,12,11 (c) Under an agreement or option, including a joint-operating agreement, unit agreement, pooling agreement, and farm-out agreement.

AB325,32 Section 32. 177.01 (11j) of the statutes is created to read:

AB325,12,15 177.01 (11j) “Money order” means a payment order for a specified amount of money. “Money order" includes an express money order and a personal money order on which the remitter is the purchaser.

AB325,33 Section 33. 177.01 (11m) of the statutes is created to read:

AB325,12,18 177.01 (11m) “Municipal bond” means a bond or evidence of indebtedness issued by a municipality or other political subdivision of a state.

AB325,34 Section 34. 177.01 (12) of the statutes is renumbered 177.01 (12) (intro.) and amended to read:

AB325,12,23 177.01 (12) (intro.) “Owner" means a person having a legal, beneficial, or equitable interest in property subject to this chapter or the person's legal representative acting on the person's behalf. “Owner” includes the following:

AB325,12,24 (a) A depositor in the case of , for a deposit, a .

AB325,12,25 (b) A beneficiary in the case of , for a trust other than a deposit in trust, a .

AB325,13,3 (c) A creditor, claimant, or payee in the case of, for other intangible property, or a person having a legal or equitable interest in property subject to this chapter or his or her legal representative.

AB325,35 Section 35. 177.01 (12) (d) of the statutes is created to read:

AB325,13,6 177.01 (12) (d) The lawful bearer of a record that may be used to obtain money, a reward, or a thing of value.

AB325,36 Section 36. 177.01 (12d) of the statutes is created to read:

AB325,13,9 177.01 (12d) “Payroll card” means a record that evidences a payroll-card account as defined in Regulation E, 12 CFR Part 1005, as amended.

AB325,37 Section 37. 177.01 (13) of the statutes is amended to read:

AB325,13,14 177.01 (13) “Person" means an individual, business association, state or other government, governmental subdivision, instrumentality, or agency, public corporation, public authority, estate, trust, 2 or more persons having a joint or common interest, or any other legal or commercial entity.

AB325,38 Section 38. 177.01 (13b) of the statutes is created to read:

AB325,13,19 177.01 (13b) (a) “Property” means tangible property described in s. 177.0205 or a fixed and certain interest in intangible property held, issued, or owed in the course of a holder's business or by a government, governmental subdivision, agency, or instrumentality.

AB325,13,20 (b) “Property” includes all of the following:

AB325,13,21 1. All income from or increments to the property.

AB325,13,22 2. Property referred to as or evidenced by:

AB325,13,23 a. Money, virtual currency, or interest.

AB325,13,24 b. A dividend, check, draft, deposit, or payroll card.

AB325,14,3 c. A credit balance, customer overpayment, security deposit, refund, credit memorandum, unpaid wage, unused ticket for which the issuer has an obligation to provide a refund, mineral proceeds, or unidentified remittance.

AB325,14,7 d. A security, except for a worthless security or a security that is subject to a lien, legal hold, or restriction evidenced on the records of the holder or imposed by operation of law, if the lien, legal hold, or restriction restricts the holder's or owner's ability to receive, transfer, sell, or otherwise negotiate the security.