Effective 5/8/2018 67-4a-201. When property presumed abandoned. Subject to Section 67-4a-208, the following property is presumed abandoned if the property is unclaimed by the apparent owner during the period specified below: (1) a traveler’s check, 15 years after issuance; (2) a money order, seven years after issuance; (3) the unredeemed balance of a stored-value card […]
Effective 5/9/2017 67-4a-202. When tax-deferred retirement account presumed abandoned. (1) Subject to Section 67-4a-208, property held in a pension account or retirement account that qualifies for tax deferral under the income tax laws of the United States is presumed abandoned if the property is unclaimed by the apparent owner three years after: (a) the later […]
Effective 5/9/2017 67-4a-203. When other tax-deferred account presumed abandoned. Subject to Section 67-4a-208 and except for property described in Section 67-4a-202 and property held in a plan described in Section 529A, Internal Revenue Code, property held in an account or plan, including a health savings account, that qualifies for tax deferral under the income tax […]
Effective 5/8/2018 67-4a-204. When custodial account for minor presumed abandoned. (1) Subject to Section 67-4a-208, and except as provided in Subsection (5), property held in an account established under a state’s Uniform Gifts to Minors Act or Uniform Transfers to Minors Act is presumed abandoned if the property is unclaimed by or on behalf of […]
Effective 5/9/2017 67-4a-205. When contents of safe-deposit box presumed abandoned. Tangible property held in a safe-deposit box and proceeds from a sale of the property by the holder permitted by law of this state other than this chapter are presumed abandoned if the property remains unclaimed by the apparent owner five years after the earlier […]
Effective 5/9/2017 67-4a-206. When security presumed abandoned. (1) Subject to Section 67-4a-208, a security is presumed abandoned three years after: (a) the date a second consecutive communication sent by the holder by first-class United States mail to the apparent owner is returned to the holder undelivered by the United States Postal Service; or (b) if […]
Effective 5/9/2017 67-4a-207. When related property presumed abandoned. At and after the time property is presumed abandoned under this chapter, any other property right or interest accrued or accruing from the property and not previously presumed abandoned is also presumed abandoned. Repealed and Re-enacted by Chapter 371, 2017 General Session
Effective 5/14/2019 67-4a-208. Indication of apparent owner interest in property. (1) The period after which property is presumed abandoned is measured from the later of: (a) the date the property is presumed abandoned under this part; or (b) the latest indication of interest by the apparent owner in the property. (2) Under this chapter, an […]
Effective 5/9/2017 67-4a-209. Deposit account for proceeds of insurance policy or annuity contract. If proceeds payable under a life or endowment insurance policy or annuity contract are deposited into an account with check- or draft-writing privileges for the beneficiary of the policy or contract and, under a supplementary contract not involving annuity benefits other than […]
Effective 5/14/2019 67-4a-215. Knowledge of death of insured or annuitant. (1) As used in this section: (a) “Death master file” means: (i) the United States Social Security Administration death master file; or (ii) another database or service that is at least as comprehensive as the United States Social Security Administration death master file for determining […]
