Section 345.42 — Notice And Publication Of Lists Of Abandoned Property.
345.42 NOTICE AND PUBLICATION OF LISTS OF ABANDONED PROPERTY. Subdivision 1. Commissioner’s duty. Within the calendar year next following the year in which abandoned property has been paid or delivered to the commissioner, the commissioner shall provide public notice of the abandoned property in the manner and frequency the commissioner determines to be most effective […]
Section 345.43 — Payment Or Delivery Of Abandoned Property.
345.43 PAYMENT OR DELIVERY OF ABANDONED PROPERTY. Subdivision 1. [Repealed, 1996 c 439 art 1 s 27] Subd. 2. [Repealed, 1996 c 439 art 1 s 27] Subd. 2a. Holder’s obligations. At the time of the filing of the report required under section 345.41 and with that report, the holder reporting property presumed abandoned and […]
Section 345.44 — Relief From Liability By Payment Or Delivery.
345.44 RELIEF FROM LIABILITY BY PAYMENT OR DELIVERY. Upon the payment or delivery of abandoned property to the commissioner, the state shall assume custody and shall be responsible for the safekeeping thereof and for payment of any claim successfully brought against any holder on account of any abandoned property paid or delivered to the commissioner. […]
Section 345.451 — Crediting Income Or Gain To Owner’s Account.
345.451 CREDITING INCOME OR GAIN TO OWNER’S ACCOUNT. If property other than money is delivered to the commissioner, the owner is entitled to receive from the commissioner income or gain realized or accrued on the property before the property is sold. If the property was interest-bearing, the commissioner shall pay interest at the lesser of […]
Section 345.35 — Stock And Other Intangible Interests In Business Associations.
345.35 STOCK AND OTHER INTANGIBLE INTERESTS IN BUSINESS ASSOCIATIONS. (a) Except as provided in paragraphs (b) and (e), stock or other intangible ownership interest in a business association, the existence of which is evidenced by records available to the association, is presumed abandoned and, with respect to the interest, the association is the holder, if […]
Section 345.36 — Property Of Business Associations And Banking Or Financial Organizations Held In Course Of Dissolution.
345.36 PROPERTY OF BUSINESS ASSOCIATIONS AND BANKING OR FINANCIAL ORGANIZATIONS HELD IN COURSE OF DISSOLUTION. All intangible personal property distributable in the course of a voluntary dissolution of a business association, banking organization or financial organization organized under the laws of or created in this state, that is unclaimed by the owner within six months […]
Section 345.16 — State; Unclaimed Property; Disposition; Duty Of State Patrol.
345.16 STATE; UNCLAIMED PROPERTY; DISPOSITION; DUTY OF STATE PATROL. Subdivision 1. State Patrol seizure. A State Patrol trooper may seize and retain any personal property abandoned upon any public highway right-of-way, other public premises, or other state-owned property. Subd. 2. Notice. Notice by the State Patrol of lost or abandoned property in its possession must […]
Section 345.20 — Dies, Molds; Ownership.
345.20 DIES, MOLDS; OWNERSHIP. Subdivision 1. Definitions. For purposes of this section: (a) “Customer” means any individual or entity who causes or caused a molder to fabricate, cast, or otherwise make a die, mold, or form to be used for the manufacture of metal or plastic products. (b) “Molder” means any individual or entity, including, […]
Section 345.25 — Bonds Issued By Religious Organizations.
345.25 BONDS ISSUED BY RELIGIOUS ORGANIZATIONS. Bonds issued by religious organizations are exempt from sections 345.31 to 345.60 and are not otherwise subject to escheat. History: 1984 c 552 s 16
Section 345.31 — Definitions And Use Of Terms.
345.31 DEFINITIONS AND USE OF TERMS. Subdivision 1. Scope. As used in sections 345.31 to 345.60, unless the context otherwise requires, the terms defined in this section shall have the meanings ascribed to them. Subd. 2. Banking organization. “Banking organization” means any bank, trust company, savings bank, safe deposit company or private banker engaged in […]