717.001 – Short Title.

717.001 Short title.—This chapter may be cited as the “Florida Disposition of Unclaimed Property Act.” History.—s. 1, ch. 87-105.

717.101 – Definitions.

717.101 Definitions.—As used in this chapter, unless the context otherwise requires: (1) “Aggregate” means the amounts reported for owners of unclaimed property of less than $50 or where there is no name for the individual or entity listed on the holder’s records, regardless of the amount to be reported. (2) “Apparent owner” means the person whose name appears […]

717.102 – Property Presumed Unclaimed; General Rule.

717.102 Property presumed unclaimed; general rule.— (1) All intangible property, including any income or increment thereon less any lawful charges, that is held, issued, or owing in the ordinary course of the holder’s business and the owner fails to claim such property for more than 5 years after the property becomes payable or distributable is presumed unclaimed, […]

717.103 – General Rules for Taking Custody of Intangible Unclaimed Property.

717.103 General rules for taking custody of intangible unclaimed property.—Unless otherwise provided in this chapter or by other statute of this state, intangible property is subject to the custody of the department as unclaimed property if the conditions leading to a presumption that the property is unclaimed as described in ss. 717.102 and 717.105-717.116 are satisfied […]

717.1035 – Property Originated or Issued by This State, Any Political Subdivision of This State, or Any Entity Incorporated, Organized, Created, or Otherwise Located in the State.

717.1035 Property originated or issued by this state, any political subdivision of this state, or any entity incorporated, organized, created, or otherwise located in the state.— (1) All intangible property, including, but not limited to, any interest, dividend, or other earnings thereon, less any lawful charges, held by a business association, federal, state, or local government or […]

717.104 – Traveler’s Checks and Money Orders.

717.104 Traveler’s checks and money orders.— (1) Subject to subsection (4), any sum payable on a traveler’s check that has been outstanding for more than 15 years after its issuance is presumed unclaimed unless the owner, within 15 years, has communicated in writing with the issuer concerning it or otherwise indicated an interest as evidenced by a […]

717.1045 – Gift Certificates and Similar Credit Items.

717.1045 Gift certificates and similar credit items.—Notwithstanding s. 717.117, an unredeemed gift certificate or credit memo as defined in s. 501.95 is not required to be reported as unclaimed property. (1) The consideration paid for an unredeemed gift certificate or credit memo is the property of the issuer of the unredeemed gift certificate or credit memo. (2) An […]

717.105 – Checks, Drafts, and Similar Instruments Issued or Certified by Banking and Financial Organizations.

717.105 Checks, drafts, and similar instruments issued or certified by banking and financial organizations.— (1) Any sum payable on a check, draft, or similar instrument, except those subject to ss. 717.104 and 717.115, on which a banking or financial organization is directly liable, including, but not limited to, a cashier’s check or a certified check, which has […]

717.106 – Bank Deposits and Funds in Financial Organizations.

717.106 Bank deposits and funds in financial organizations.— (1) Any demand, savings, or matured time deposit with a banking or financial organization, including deposits that are automatically renewable, and any funds paid toward the purchase of shares, a mutual investment certificate, or any other interest in a banking or financial organization is presumed unclaimed unless the owner […]

717.107 – Funds Owing Under Life Insurance Policies, Annuity Contracts, and Retained Asset Accounts; Fines, Penalties, and Interest; United States Social Security Administration Death Master File.

717.107 Funds owing under life insurance policies, annuity contracts, and retained asset accounts; fines, penalties, and interest; United States Social Security Administration Death Master File.— (1) Funds held or owing under any life or endowment insurance policy or annuity contract which has matured or terminated are presumed unclaimed if unclaimed for more than 5 years after the […]

717.1071 – Lost Owners of Unclaimed Demutualization, Rehabilitation, or Related Reorganization Proceeds.

1717.1071 Lost owners of unclaimed demutualization, rehabilitation, or related reorganization proceeds.— (1) Property distributable in the course of a demutualization, rehabilitation, or related reorganization of an insurance company is deemed abandoned 2 years after the date the property is first distributable if, at the time of the first distribution, the last known address of the owner on […]

717.108 – Deposits Held by Utilities.

717.108 Deposits held by utilities.—Any deposit, including any interest thereon, made by a subscriber with a utility to secure payment or any sum paid in advance for utility services to be furnished, less any lawful charges, that remains unclaimed by the owner for more than 1 year after termination of the services for which the deposit […]

717.109 – Refunds Held by Business Associations.

717.109 Refunds held by business associations.—Except as otherwise provided by law, any sum that a business association has been ordered to refund by a court or administrative agency which has been unclaimed by the owner for more than 1 year after it became payable in accordance with the final determination or order providing for the refund, […]

717.1101 – Unclaimed Equity and Debt of Business Associations.

717.1101 Unclaimed equity and debt of business associations.— (1)(a) Stock or other equity interest in a business association is presumed unclaimed 3 years after the earliest of: 1. The date of the most recent dividend, stock split, or other distribution unclaimed by the apparent owner; 2. The date of a statement of account or other notification or communication that […]

717.111 – Property of Business Associations Held in Course of Dissolution.

717.111 Property of business associations held in course of dissolution.—All intangible property distributable in the course of a voluntary or involuntary dissolution of a business association which is not claimed by the owner for more than 6 months after the date specified for final distribution is presumed unclaimed. History.—s. 12, ch. 87-105; s. 12, ch. 2001-36.

717.112 – Property Held by Agents and Fiduciaries.

717.112 Property held by agents and fiduciaries.— (1) Except as provided in ss. 717.1125 and 733.816, all intangible property and any income or increment thereon held in a fiduciary capacity for the benefit of another person is presumed unclaimed unless the owner has within 5 years after it has become payable or distributable increased or decreased the […]

717.1125 – Property Held by Fiduciaries Under Trust Instruments.

717.1125 Property held by fiduciaries under trust instruments.—All intangible property and any income or increment thereon held in a fiduciary capacity for the benefit of another person under a trust instrument is presumed unclaimed unless the owner has, within 2 years after it has become payable or distributable, increased or decreased the principal, accepted payment of […]

717.113 – Property Held by Courts and Public Agencies.

717.113 Property held by courts and public agencies.—All intangible property held for the owner by any court, government or governmental subdivision or agency, public corporation, or public authority that has not been claimed by the owner for more than 1 year after it became payable or distributable is presumed unclaimed. Except as provided in s. 45.032(3)(c), […]

717.115 – Wages.

717.115 Wages.—Unpaid wages, including wages represented by unpresented payroll checks, owing in the ordinary course of the holder’s business that have not been claimed by the owner for more than 1 year after becoming payable are presumed unclaimed. History.—s. 16, ch. 87-105; s. 15, ch. 2001-36.

717.116 – Contents of Safe-Deposit Box or Other Safekeeping Repository.

717.116 Contents of safe-deposit box or other safekeeping repository.—All tangible and intangible property held by a banking or financial organization in a safe-deposit box or any other safekeeping repository in this state in the ordinary course of the holder’s business, and proceeds resulting from the sale of the property permitted by law, that has not been […]