44-304

44-304. Rules for taking custody

Except as otherwise provided in this chapter or by another statute of this state,
property that is presumed abandoned, whether located in this or another state, is subject
to the custody of this state if any of the following applies:

1. The last known address, as shown on the records of the holder, of the apparent
owner is in this state.

2. The records of the holder do not reflect the identity of the person entitled to
the property and it is established that the last known address of the person entitled to
the property is in this state.

3. The records of the holder do not reflect the last known address of the apparent
owner and it is established that either:

(a) The last known address of the person entitled to the property is in this state.

(b) The holder is domiciled in this state or is a government or governmental
subdivision, agency or instrumentality of this state and has not previously paid or
delivered the property to the state of the last known address of the apparent owner or
other person entitled to the property.

4. The last known address, as shown on the records of the holder, of the apparent
owner is in a state that does not provide for the escheat or custodial taking of the
property and the holder is domiciled in this state or is a government or governmental
subdivision, agency or instrumentality of this state.

5. The last known address, as shown on the records of the holder, of the apparent
owner is in a foreign nation and the holder is domiciled in this state or is a government
or governmental subdivision, agency or instrumentality of this state.

6. The transaction out of which the property arose occurred in this state, the
holder is domiciled in a state that does not provide for the escheat or custodial taking
of the property and the last known address of the apparent owner or other person who is
entitled to the property is unknown or is in a state that does not provide for the
escheat or custodial taking of the property.

7. The property is a traveler's check or money order that was purchased in this
state or the issuer of the traveler's check or money order has its principal place of
business in this state and the issuer's records show that the instrument was purchased in
a state that does not provide for the escheat or custodial taking of the property or the
records do not show the state in which the instrument was purchased.