Current through P.L. 171-2024
Section 32-34-1.5-18 - Reporting property presumed abandoned(a) A holder of property presumed abandoned and subject to the custody of the attorney general must report in an electronic record to the attorney general concerning the property. The attorney general may not require a holder to file a paper report.(b) A holder may contract with a third party to make the report required under subsection (a).(c) Whether or not a holder contracts with a third party under subsection (b), the holder is responsible: (1) to the attorney general for the complete, accurate, and timely reporting of property presumed abandoned; and(2) for paying or delivering to the attorney general property described in the report.Amended by P.L. 101-2023,SEC. 3, eff. 7/1/2023.Added by P.L. 141-2021,SEC. 20, eff. 7/1/2021.