§ 66-29-111. Presumption of Abandonment of Security
Except as otherwise provided in § 66-29-113, a security is presumed abandoned three (3) years after: The date a second consecutive communication sent by the holder by first-class United States mail to the apparent owner is returned to the holder undelivered by the United States postal service; or If the second communication is made later […]
§ 66-29-112. Presumption of Abandonment of Related Property
At the time an interest in property is presumed abandoned under this part, any other property right accrued or accruing to the apparent owner as a result of the interest, and not previously presumed abandoned, is also presumed abandoned.
§ 66-29-113. Indication of Apparent Owner’s Interest in Property
Property is not presumed abandoned if the apparent owner indicates an interest in the property during the applicable periods under this part. Under this part, an indication of an apparent owner’s interest in property includes: A record communicated by the apparent owner to the holder or agent of the holder concerning the property or the […]
§ 66-29-114. Knowledge of Death of Insured or Annuitant
As used in this section, “death master file” means the federal social security administration death master file or other database or service that is at least as comprehensive as the death master file for determining that a person reportedly has died. With respect to a life or endowment insurance policy or annuity contract for which […]
§ 66-29-115. Deposit Account for Proceeds of Insurance Policy or Annuity Contract
If proceeds payable under a life or endowment insurance policy or annuity contract are deposited into an account with check or draft writing privileges for the beneficiary of the policy or contract, and the proceeds are retained by the insurance company or its agent under a supplementary contract not involving annuity benefits other than death […]
§ 66-29-116. Last Known Address of Apparent Owner
Under this part: The last known address of an apparent owner is any description, code, or other indication of the location of the apparent owner that identifies the state of residence, regardless of whether the description, code, or indication of location is sufficient to direct the delivery of first-class United States mail to the apparent […]
§ 66-29-117. Treasurer’s Custody of Property Presumed Abandoned
The treasurer may take custody of property that is presumed abandoned, whether located in this state, another state, or in a foreign country if: The last known address of the apparent owner, as shown on the records of the holder, is located in this state; or The records of the holder do not reflect the […]
§ 66-29-118. Custody of Property Presumed Abandoned if Records Show Multiple Addresses of Apparent Owner
Except as otherwise provided in subsection (b), if records of a holder reflect multiple addresses for an apparent owner and if this state is the state of the most recently recorded address, this state may take custody of property presumed abandoned, whether located in this state or another state. If it appears from records of […]
§ 66-29-103. Inapplicability to Foreign Transactions
This part does not apply to property held, due, and owing in a foreign country if the transaction involving the property was a wholly foreign transaction.
§ 66-29-104. Promulgation of Rules
The treasurer may promulgate rules pursuant to the Uniform Administrative Procedures Act, compiled in title 4, chapter 5, to carry out this part.