§ 33-21.1-24. Filing of claim with administrator. (a) A person, excluding another state, claiming an interest in any property paid or delivered to the administrator may file with him or her a claim on a form prescribed by him or her and verified by the claimant. (b) The administrator shall consider each claim within ninety […]
§ 33-21.1-25. Claim of another state to recover property; procedure. (a) At any time after property has been paid or delivered to the administrator under this chapter, another state may recover the property if: (1) The property was subjected to custody by this state because the records of the holder did not reflect the last […]
§ 33-21.1-26. Action to establish claim. A person aggrieved by a decision of the administrator, or whose claim has not been acted upon within ninety (90) days after its filing, may bring an action to establish the claim in the superior court, naming the administrator as a defendant. The action must be brought within ninety […]
§ 33-21.1-27. Election to take payment or delivery. (a) The administrator may decline to receive any property reported under this chapter which he or she considers to have a value less than the expense of giving notice and of sale. If the administrator elects not to receive custody of the property, the holder shall be […]
§ 33-21.1-28. Destruction or disposition of property having insubstantial commercial value — Immunity from liability. If the administrator determines after investigation that any property delivered under this chapter has insubstantial commercial value, the administrator may destroy or otherwise dispose of the property at any time. No action or proceeding may be maintained against the state, […]
§ 33-21.1-28.1. Disposition of “de minimis” property. (a) The administrator may dispose of any “de minimis” property delivered under this chapter that has been in possession of the administrator for more than ten (10) years. No action or proceeding may be maintained against the state, or any officer, or against the holder for any action […]
§ 33-21.1-29. Limitation periods. (a) The expiration, before or after July 1, 1987, of any period of time specified by contract, statute, or court order, during which a claim for money or property can be made or during which an action or proceeding may be commenced or enforced to obtain payment of a claim for […]
§ 33-21.1-3. General rules for taking custody of intangible unclaimed property. Unless otherwise provided in this chapter or by other statute of this state, intangible property is subject to the custody of this state as unclaimed property if the conditions raising a presumption of abandonment under §§ 33-21.1-2 and 33-21.1-5 — 33-21.1-16 are satisfied; and […]
§ 33-21.1-3.1. Property originated or issued by this state, any political subdivision of the state or any entity incorporated, organized, created or otherwise located in this state. (a) All intangible property, including, but not limited to securities, principal, interest, dividends, or other earnings thereon, less any lawful charges, held by a business association, federal, state […]
§ 33-21.1-30. Requests for reports and examination of records. (a) The administrator may require any person who has not filed a report to file a verified report stating whether or not the person is holding any unclaimed property reportable or deliverable under this chapter. (b) The administrator, at reasonable times and upon reasonable notice, may […]
§ 33-21.1-31. Retention of records. (a) Every holder required to file a report under § 33-21.1-17, as to any property for which it has obtained the last known address of the owner, shall maintain a record of the name and last known address of the owner for seven (7) years after the property becomes reportable, […]
§ 33-21.1-32. Enforcement. The administrator may bring an action in a court of competent jurisdiction to enforce this chapter. History of Section.P.L. 1986, ch. 500, § 3.
§ 33-21.1-33. Interstate agreements and cooperation — Joint and reciprocal actions with other states. (a) 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 […]
§ 33-21.1-34. Interest and penalties. (a) A person who fails to pay or deliver property within the time prescribed by this chapter may be required to pay to the administrator interest at the annual rate of twelve percent (12%) above the annual rate of discount, in effect on the date the property should have been […]
§ 33-21.1-35. Agreement to locate reported property. All agreements to pay compensation to recover or assist in the recovery of property reported under § 33-21.1-17, made within twenty four (24) months after the date payment or delivery is made under § 33-21.1-19, are unenforceable. History of Section.P.L. 1986, ch. 500, § 3.
§ 33-21.1-36. 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 of Section.P.L. 1986, ch. 500, § 3.
§ 33-21.1-37. Effect of new provisions — Clarification of application. (a) This chapter does not relieve a holder of a duty that arose before July 1, 1987 to report, pay, or deliver property. A holder who did not comply with the law in effect before July 1, 1987 is subject to the applicable enforcement and […]
§ 33-21.1-38. Rules. The administrator may adopt necessary rules to carry out the provisions of this chapter. History of Section.P.L. 1986, ch. 500, § 3.
§ 33-21.1-39. Severability. If any provision of this chapter or the application of this chapter to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of this chapter which can be given effect without the invalid provision or application, and to this end the provisions of this chapter […]
§ 33-21.1-4. Travelers checks and money orders. (a) Subject to subsection (d), any sum payable on a travelers check that has been outstanding for more than fifteen (15) years after its issuance is presumed abandoned unless the owner, within fifteen (15) years, has communicated in writing with the issuer concerning it or otherwise indicated an […]
