Section 14-540 – UNIFORMITY OF APPLICATION AND CONSTRUCTION.
14-540. UNIFORMITY OF APPLICATION AND CONSTRUCTION. This act shall be applied and construed as to effectuate its general purpose to make uniform the law with respect to the subject of this act among states enacting it. History: [14-540, added 1983, ch. 209, sec. 2, p. 582.]
Section 14-541 – SHORT TITLE.
14-541. SHORT TITLE. This chapter may be cited as the "Uniform Unclaimed Property Act." History: [14-541, added 1983, ch. 209, sec. 2, p. 582.]
Section 14-542 – EXEMPTION.
14-542. EXEMPTION. (1) The following shall be eligible for a certificate of exemption from the administrator. Entities holding a certificate of exemption shall not be subject to the provisions of this chapter, except as set forth in this section: (a) Idaho counties; and (b) Solely for the purpose of unclaimed capital credits, nonprofit corporations engaged […]
Section 14-543 – SUCCESSORS’ LIABILITY.
14-543. SUCCESSORS’ LIABILITY. (1) If any holder possessing unclaimed property under this act sells out its business or stock of goods, the purchaser of the business or stock of goods shall make inquiry of the administrator and withhold from the purchase price any amount of unclaimed property that may be due under this chapter until […]
Section 14-534 – STATE HISTORICAL SOCIETY USE OF PROPERTY.
14-534. STATE HISTORICAL SOCIETY USE OF PROPERTY. The director of the state historical society may examine any tangible personal property delivered to the state treasurer under this chapter for purposes of determining whether such property is of sufficient historical value that it should be preserved. If he so determines, the state treasurer may deliver such […]
Section 14-519 – PAYMENT OR DELIVERY OF ABANDONED PROPERTY.
14-519. PAYMENT OR DELIVERY OF ABANDONED PROPERTY. (1) Except as otherwise provided in this section, and subsection (2) of section 14-508, Idaho Code, a person who is required to file a report under section 14-517, Idaho Code, shall pay or deliver to the administrator all abandoned property together with the report required under section 14-517, […]
Section 14-535 – INTERSTATE AGREEMENTS AND COOPERATION — JOINT AND RECIPROCAL ACTIONS WITH OTHER STATES.
14-535. INTERSTATE AGREEMENTS AND COOPERATION — JOINT AND RECIPROCAL ACTIONS WITH OTHER STATES. (1) The administrator may enter into agreements with other states to exchange information needed to enable this or another state to audit or otherwise determine unclaimed property that it or another state may be entitled to subject to a claim of custody. […]
Section 14-520 – CUSTODY BY STATE, HOLDER RELIEVED FROM LIABILITY — REIMBURSEMENT OF HOLDER PAYING CLAIM — RECLAIMING FOR OWNER — DEFENSE OF HOLDER — PAYMENT OF SAFE DEPOSIT BOX OR REPOSITORY CHARGES.
14-520. CUSTODY BY STATE, HOLDER RELIEVED FROM LIABILITY — REIMBURSEMENT OF HOLDER PAYING CLAIM — RECLAIMING FOR OWNER — DEFENSE OF HOLDER — PAYMENT OF SAFE DEPOSIT BOX OR REPOSITORY CHARGES. (1) Upon the payment or delivery of property to the administrator, the state assumes custody and responsibility for the safekeeping of the property. A […]
Section 14-536 – AGREEMENT TO LOCATE REPORTED PROPERTY.
14-536. AGREEMENT TO LOCATE REPORTED PROPERTY. All agreements to pay compensation to recover or assist in the recovery of property reported under section 14-517, Idaho Code, made within twenty-four (24) months after the date payment or delivery is made under section 14-519, Idaho Code, are unenforceable. History: [14-536, added 1983, ch. 209, sec. 2, p. […]
Section 14-521 – CREDITING OF DIVIDENDS, INTEREST, OR INCREMENTS TO OWNER’S ACCOUNT.
14-521. CREDITING OF DIVIDENDS, INTEREST, OR INCREMENTS TO OWNER’S ACCOUNT. Whenever property other than money is paid or delivered to the administrator under this chapter, the owner is entitled to receive from the administrator any dividends, interest, or other increments realized or accruing on the property at or before liquidation or conversion thereof into money. […]