The administrator shall publish a notice not later than November 30 of the year next following the year in which abandoned property has been paid or delivered to the administrator. The notice must be published in a newspaper of general circulation in each county of this state. The advertisement must be in a form that, in the judgment of the administrator, is likely to attract the attention of the potential owners of the unclaimed property. The advertisement shall contain:
(1) A statement explaining that the property the administrator is holding is presumed to be abandoned and has been taken into the protective custody of the administrator;
(2)
(A) A statement explaining that additional information concerning the property may be obtained by consulting one (1) or more of the following:
(i) The Internet address of the administrator's official website;
(ii) The telephone number for the administrator's office; and
(iii) Posting of a notice at the county courthouse.
(B) A statement under this subdivision (a)(2) shall include the:
(i) Internet address of the administrator's official website; and
(ii) Telephone number for the administrator's office; and
(3) A statement that information about the property and its return to the owner is available to a person having a legal or beneficial interest in the property, upon request to the administrator.
Structure Arkansas Code
Subtitle 3 - Personal Property
Chapter 28 - Unclaimed Property
Subchapter 2 - Unclaimed Property Act
§ 18-28-202. Presumptions of abandonment
§ 18-28-203. Contents of safe deposit box or other safekeeping depository
§ 18-28-204. Rules for taking custody
§ 18-28-206. Burden of proof as to property evidenced by record of check or draft
§ 18-28-207. Report of abandoned property
§ 18-28-208. Payment or delivery of abandoned property
§ 18-28-209. Notice and publication of lists of abandoned property
§ 18-28-210. Custody by state — Recovery by holder — Defense of holder
§ 18-28-211. Crediting of dividends, interest, and increments to owner's account
§ 18-28-212. Public sale of abandoned property
§ 18-28-213. Deposit of funds. — Definition
§ 18-28-214. Claim of another state to recover property
§ 18-28-215. Filing claim with administrator — Handling of claims by administrator
§ 18-28-216. Action to establish claim
§ 18-28-217. Election to take payment or delivery
§ 18-28-219. Periods of limitation
§ 18-28-220. Requests for reports and examination of records
§ 18-28-221. Retention of records
§ 18-28-223. Interstate agreements and cooperation — Joint and reciprocal actions with other states
§ 18-28-224. Interest and penalties
§ 18-28-225. Agreement to locate property
§ 18-28-226. Foreign transactions
§ 18-28-227. Transitional provisions
§ 18-28-229. Uniformity of application and construction