Section 14-533 – INTEREST AND PENALTIES.
14-533. INTEREST AND PENALTIES. (1) Upon the administrator’s showing by a preponderance of evidence that a holder has failed to pay or deliver property within the time prescribed in this chapter, the holder shall pay to the administrator interest at the annual rate of twelve percent (12%) on the property or value thereof from the […]
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. […]
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.]