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 […]
Section 14-525 – CLAIM OF ANOTHER STATE TO RECOVER PROPERTY — PROCEDURE.
14-525. CLAIM OF ANOTHER STATE TO RECOVER PROPERTY — PROCEDURE. (1) At any time after property has been paid or delivered to the administrator under this chapter, another state may recover the property if: (a) The property was subjected to custody by this state because the records of the holder did not reflect the last […]
Section 14-526 – ACTION TO ESTABLISH CLAIM.
14-526. ACTION TO ESTABLISH CLAIM. A person aggrieved by a denial of a claim by the administrator or whose claim has not been acted upon within the time provided in subsection (2) of section 14-524, Idaho Code, may obtain a redetermination as provided in section 63-3045, Idaho Code, by filing a written protest with the […]
Section 14-527 – ELECTION TO TAKE PAYMENT OR DELIVERY.
14-527. ELECTION TO TAKE PAYMENT OR DELIVERY. (1) The administrator may decline to receive any property reported under the provisions of this chapter which it considers to have a value less than the expense of giving notice and of sale. If the administrator elects not to receive custody of the property, the holder shall be […]
Section 14-512 – PROPERTY HELD BY AGENTS AND FIDUCIARIES.
14-512. PROPERTY HELD BY AGENTS AND FIDUCIARIES. (1) Intangible property and any income or increment derived therefrom held in a fiduciary capacity for the benefit of another person is presumed abandoned unless the owner, within five (5) years after it has become payable or distributable, has increased or decreased the principal, accepted payment of principal […]
Section 14-513 – PROPERTY HELD BY COURTS AND PUBLIC AGENCIES.
14-513. PROPERTY HELD BY COURTS AND PUBLIC AGENCIES. (1) Intangible property held for the owner by a court, state or other government, governmental subdivision or agency, public corporation, or public authority which remains unclaimed by the owner for more than one (1) year after becoming payable or distributable is presumed abandoned. (2) If witness and […]
Section 14-514 – GIFT CERTIFICATES AND CREDIT MEMOS.
14-514. GIFT CERTIFICATES AND CREDIT MEMOS. (1) A gift certificate without an expiration date prominently displayed on its face or a credit memo issued in the ordinary course of an issuer’s business which remains unclaimed by the owner for more than five (5) years after becoming payable or distributable is presumed abandoned. (2) In the […]
Section 14-515 – WAGES.
14-515. WAGES. Unpaid wages, including wages represented by unpresented payroll checks, owing in the ordinary course of the holder’s business which remain unclaimed by the owner for more than one (1) year after becoming payable are presumed abandoned. History: [14-515, added 1983, ch. 209, sec. 2, p. 572.]
Section 14-516 – CONTENTS OF SAFE DEPOSIT BOX OR OTHER SAFEKEEPING REPOSITORY.
14-516. CONTENTS OF SAFE DEPOSIT BOX OR OTHER SAFEKEEPING REPOSITORY. All tangible and intangible property held 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 other law, which remain unclaimed by the […]
Section 14-501 – DEFINITIONS AND USE OF TERMS.
14-501. DEFINITIONS AND USE OF TERMS. As used in this chapter: (1) "Administrator" means the state treasurer or his or her duly authorized agents or employees. (2) "Apparent owner" means the person whose name appears on the records of the holder as the person entitled to property held, issued, or owing by the holder. (3) […]