33 §2194. Interest and penalty for failure to act in timely manner
§2194. Interest and penalty for failure to act in timely manner 1. Interest. A holder that fails to report, pay or deliver property within the time prescribed by this Act shall pay to the administrator interest at an annual rate of 18%, or 10% above the annual rate of discount in effect on the date […]
33 §2195. Other civil penalties
§2195. Other civil penalties 1. Evading obligation or willfully failing to perform. If a holder enters into a contract or other arrangement for the purpose of evading an obligation under this Act or otherwise willfully fails to perform a duty imposed on the holder under this Act, the administrator may require the holder to pay […]
33 §2196. Waiver of interest and penalty
§2196. Waiver of interest and penalty The administrator: [PL 2019, c. 498, §22 (NEW).] 1. Waive interest and penalties. May waive, in whole or in part, interest under section 2194, subsection 1 and penalties under section 2194, subsection 2 or section 2195; and [PL 2019, c. 498, §22 (NEW).] 2. Good faith, without […]
33 §2201. Agreements to locate property
§2201. Agreements to locate property 1. Agreements within 24 months. An agreement by an owner the primary purpose of which is to locate, deliver, recover or assist in the recovery of property that is presumed abandoned is void and unenforceable if it was entered into during the period commencing on the date the property was […]
33 §2211. Definitions; applicability
§2211. Definitions; applicability 1. Personal information defined. As used in this subchapter, “personal information” means: A. Information that identifies or reasonably can be used to identify an individual, such as first and last name in combination with the individual’s: (1) Social security number or other government-issued number or identifier; (2) Date of […]
33 §2167. Report to person whose records were examined
§2167. Report to person whose records were examined At the conclusion of an examination under section 2162, upon request, the administrator shall provide to the person whose records were examined a report that specifies: [PL 2019, c. 498, §22 (NEW).] 1. Work performed. The work performed; [PL 2019, c. 498, §22 (NEW).] 2. […]
33 §2168. Complaint to administrator about conduct of person conducting examination
§2168. Complaint to administrator about conduct of person conducting examination If a person subject to examination under section 2162 believes the person conducting the examination has made an unreasonable or unauthorized request or is not proceeding expeditiously to complete the examination, the person in a record may ask the administrator to intervene and take appropriate […]
33 §2169. Administrator’s contract to conduct examination
§2169. Administrator’s contract to conduct examination The administrator may contract with a person to conduct an examination under this subchapter. [PL 2019, c. 498, §22 (NEW).] SECTION HISTORY PL 2019, c. 498, §22 (NEW).
33 §2170. Determination of liability for unreported reportable property
§2170. Determination of liability for unreported reportable property If the administrator determines from an examination conducted under section 2162 that a putative holder failed or refused to pay or deliver to the administrator property that is reportable under this Act, the administrator shall issue a determination of the putative holder’s liability to pay or deliver […]
33 §2181. Informal conference
§2181. Informal conference 1. Request for informal conference. Not later than 30 days after receipt of a notice under section 2170, the putative holder may request an informal conference with the administrator to review the determination. The holder must include in the request the specific items to be discussed. Except as otherwise provided in this […]