US Lawyer Database

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.]

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) […]

Section 14-517 – REPORT OF ABANDONED PROPERTY.

14-517. REPORT OF ABANDONED PROPERTY. (1) A person holding property tangible or intangible, presumed abandoned and subject to custody as unclaimed property under this chapter, shall report to the administrator concerning the property as provided in this section. (2) The report must be verified and must include: (a) Except with respect to traveler’s checks and […]