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 […]
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 14-511 – PROPERTY OF BUSINESS ASSOCIATIONS HELD IN COURSE OF DISSOLUTION.
14-511. PROPERTY OF BUSINESS ASSOCIATIONS HELD IN COURSE OF DISSOLUTION. Intangible property distributable in the course of a dissolution of a business association which remains unclaimed by the owner will be remitted as unclaimed property on the date of final distribution. History: [14-511, added 1983, ch. 209, sec. 2, p. 571; am. 1989, ch. 99, […]
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 14-119 – EFFECT OF DISCOVERY OF HEIR.
14-119. EFFECT OF DISCOVERY OF HEIR. In event any heir of a decedent shall be discovered prior to distribution of any estate probated as herein provided, nothing herein contained shall operate to invalidate any probate proceedings had prior to appearance of such heir in the probate proceeding, nor to prevent the completion of such probate […]
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.]