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 14-521 – 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. […]
Section 14-537 – FOREIGN TRANSACTIONS.
14-537. FOREIGN TRANSACTIONS. This chapter does not apply to any property held, due and owing in a foreign country and arising out of a foreign transaction. History: [14-537, added 1983, ch. 209, sec. 2, p. 582.]
Section 14-522 – PUBLIC SALE OF ABANDONED PROPERTY.
14-522. PUBLIC SALE OF ABANDONED PROPERTY. (1) The administrator may, within three (3) years after the receipt of abandoned property, sell it to the highest bidder at public sale in whatever city affords, in the judgment of the administrator, the most favorable market for the property involved. The administrator may decline the highest bid and […]
Section 14-539 – RULES.
14-539. RULES. The administrator may adopt necessary rules to carry out the provisions of this chapter. History: [14-539, added 1983, ch. 209, sec. 2, p. 582.]
Section 14-523 – DISPOSITION OF MONEY RECEIVED.
14-523. DISPOSITION OF MONEY RECEIVED. (1) All money received under this chapter, including the proceeds from the sale of property under section 14-522, Idaho Code, shall be deposited in the unclaimed property account. (2) Moneys in the unclaimed property account are subject to redemption by the owner as follows: (a) All moneys designated by law […]
Section 14-524 – FILING OF CLAIM WITH ADMINISTRATOR.
14-524. FILING OF CLAIM WITH ADMINISTRATOR. (1) A person, excluding another state, claiming an interest in any property paid or delivered to the administrator, may file a claim on a form prescribed by the administrator and verified by the claimant. (2) The administrator shall consider each claim within ninety (90) days after it is filed […]