TITLE 14

ESTATES OF DECEDENTS

CHAPTER 5

REVISED UNCLAIMED PROPERTY ACT

PART 8

ADMINISTRATION OF PROPERTY

14-5-802.  ADMINISTRATOR TO RETAIN RECORDS OF PROPERTY. (1) The administrator shall:

(a)  Record and retain the name and last known address of each person shown on a report filed under section 14-5-401, Idaho Code, to be the apparent owner of property delivered to the administrator;

(b)  Record and retain the name and last known address of each insured or annuitant and beneficiary shown on the report;

(c)  For each policy of insurance or annuity contract listed in the report of an insurance company, record and retain the policy or account number, the name of the company, and the amount due or paid shown on the report;

(d)  For each apparent owner listed in the report, record and retain the name of the holder that filed the report and the amount due or paid; and

(e)  Maintain records sufficient to indicate the filing of reports required under section 14-5-401, Idaho Code, and the payment or delivery of property to the administrator under section 14-5-603, Idaho Code.

(2)  Records created or maintained pursuant to this section shall be subject to the requirements of section 74-106(33), Idaho Code.

History:

[14-5-802, added 2024, ch. 27, sec. 2, p. 206.]