TITLE 14

ESTATES OF DECEDENTS

CHAPTER 5

REVISED UNCLAIMED PROPERTY ACT

PART 3

RULES FOR TAKING CUSTODY OF PROPERTY PRESUMED ABANDONED

14-5-303.  IF RECORDS SHOW MULTIPLE ADDRESSES OF APPARENT OWNER. (1) Except as provided in subsection (2) of this section, if records of a holder reflect multiple addresses for an apparent owner and this state is the state of the most recently recorded address, this state may take custody of property presumed abandoned, whether located in this state or another state.

(2)  If it appears from records of the holder that the most recently recorded address of the apparent owner under subsection (1) of this section is a temporary address and this state is the state of the next most recently recorded address that is not a temporary address, this state may take custody of the property presumed abandoned.

History:

[14-5-303, added 2024, ch. 27, sec. 2, p. 194.]