66-29-114. Notice and publication of lists of abandoned property.
(a) The treasurer shall have notice published of the names and last known addresses of the apparent owners of property in a manner designed to inform owners that property has been reported under the law and is in the protective custody of the treasurer to whom claims to the property may be directed.
(b) The treasurer may set a minimum dollar value for items to be advertised which takes into consideration the cost of advertising and the interests of the owners of property. Property which is not advertised shall be accumulated in an organized fashion and shall be made available to the public.
(c) Within the calendar year next following the year in which unclaimed property has been paid or delivered to the treasurer, the treasurer shall mail a notice to each person having an address reported who appears to be entitled to property of the value of fifty dollars ($50.00) or more presumed abandoned under this part.
(d) The mailed notice shall contain:
(1) A statement that, according to a report filed with the treasurer, property is being held to which the addressee appears entitled; and
(2) A statement that the property is in the custody of the treasurer and will be held for the owner until satisfactory proof of claim is presented.
(e) This section is not applicable to sums payable on traveler's checks or money orders presumed abandoned under § 66-29-103.
66-29-114. Notice and publication of lists of abandoned property.
(a) The treasurer shall have notice published of the names and last known addresses of the apparent owners of property in a manner designed to inform owners that property has been reported under the law and is in the protective custody of the treasurer to whom claims to the property may be directed.
(b) The treasurer may set a minimum dollar value for items to be advertised which takes into consideration the cost of advertising and the interests of the owners of property. Property which is not advertised shall be accumulated in an organized fashion and shall be made available to the public.
(c) Within the calendar year next following the year in which unclaimed property has been paid or delivered to the treasurer, the treasurer shall mail a notice to each person having an address reported who appears to be entitled to property of the value of fifty dollars ($50.00) or more presumed abandoned under this part.
(d) The mailed notice shall contain:
(1) A statement that, according to a report filed with the treasurer, property is being held to which the addressee appears entitled; and
(2) A statement that the property is in the custody of the treasurer and will be held for the owner until satisfactory proof of claim is presented.
(e) This section is not applicable to sums payable on traveler's checks or money orders presumed abandoned under § 66-29-103.
66-29-114. Notice and publication of lists of abandoned property.
(a) The treasurer shall have notice published of the names and last known addresses of the apparent owners of property in a manner designed to inform owners that property has been reported under the law and is in the protective custody of the treasurer to whom claims to the property may be directed.
(b) The treasurer may set a minimum dollar value for items to be advertised which takes into consideration the cost of advertising and the interests of the owners of property. Property which is not advertised shall be accumulated in an organized fashion and shall be made available to the public.
(c) Within the calendar year next following the year in which unclaimed property has been paid or delivered to the treasurer, the treasurer shall mail a notice to each person having an address reported who appears to be entitled to property of the value of fifty dollars ($50.00) or more presumed abandoned under this part.
(d) The mailed notice shall contain:
(1) A statement that, according to a report filed with the treasurer, property is being held to which the addressee appears entitled; and
(2) A statement that the property is in the custody of the treasurer and will be held for the owner until satisfactory proof of claim is presented.
(e) This section is not applicable to sums payable on traveler's checks or money orders presumed abandoned under § 66-29-103.
