Arkansas Code
Subtitle 3 - Personal Property
Chapter 28 - Unclaimed Property

Subchapter 1 - General Provisions

§ 18-28-101. Abandonment of property with service or repair shops — Disposition - (a) Any item of clothing left at a dry cleaners...

§ 18-28-102. Abandonment of jewelry with jeweler or merchant for service, repair, or on consignment — Disposition - (a) An item of jewelry left with a jeweler or...

Subchapter 2 - Unclaimed Property Act

§ 18-28-201. Definitions - In this subchapter: (1) “Administrator” means the Auditor of State....

§ 18-28-202. Presumptions of abandonment - (a) Property is presumed abandoned if it is unclaimed by...

§ 18-28-203. Contents of safe deposit box or other safekeeping depository - Tangible property held in a safe deposit box or other...

§ 18-28-204. Rules for taking custody - Except as otherwise provided in this subchapter or by other...

§ 18-28-205. Dormancy charge - A holder may deduct from property presumed abandoned a charge...

§ 18-28-206. Burden of proof as to property evidenced by record of check or draft - A record of the issuance of a check, draft, or...

§ 18-28-207. Report of abandoned property - (a) A holder of property presumed abandoned shall make a...

§ 18-28-208. Payment or delivery of abandoned property - (a) Except for property held in a safe deposit box...

§ 18-28-209. Notice and publication of lists of abandoned property - The administrator shall publish a notice not later than November...

§ 18-28-210. Custody by state — Recovery by holder — Defense of holder - (a) In this section, payment or delivery is made in...

§ 18-28-211. Crediting of dividends, interest, and increments to owner's account - If property other than money is delivered to the administrator...

§ 18-28-212. Public sale of abandoned property - (a) (1) Except as otherwise provided in this section, the...

§ 18-28-213. Deposit of funds. — Definition - (a) (1) The funds received under this subchapter, including the...

§ 18-28-214. Claim of another state to recover property - (a) After property has been paid or delivered to the...

§ 18-28-215. Filing claim with administrator — Handling of claims by administrator - (a) A person, excluding another state, claiming property paid or...

§ 18-28-216. Action to establish claim - A person aggrieved by a decision of the administrator or...

§ 18-28-217. Election to take payment or delivery - (a) The administrator may decline to receive property reported under...

§ 18-28-218. Destruction or disposition of property having no substantial commercial value — Immunity from liability - If the administrator determines after investigation that property delivered under...

§ 18-28-219. Periods of limitation - (a) The expiration, before or after July 30, 1999, of...

§ 18-28-220. Requests for reports and examination of records - (a) The administrator may require a person who has not...

§ 18-28-221. Retention of records - (a) Except as otherwise provided in subsection (b), a holder...

§ 18-28-222. Enforcement - The administrator may maintain an action in this or another...

§ 18-28-223. Interstate agreements and cooperation — Joint and reciprocal actions with other states - (a) The administrator may enter into an agreement with another...

§ 18-28-224. Interest and penalties - (a) A holder who fails to report, pay, or deliver...

§ 18-28-225. Agreement to locate property - (a) An agreement by an owner, the primary purpose of...

§ 18-28-226. Foreign transactions - This subchapter does not apply to property held, due, and...

§ 18-28-227. Transitional provisions - (a) An initial report filed under this subchapter for property...

§ 18-28-228. Rules - The administrator may adopt pursuant to the Arkansas Administrative Procedure...

§ 18-28-229. Uniformity of application and construction - This subchapter shall be applied and construed to effectuate its...

§ 18-28-230. Periods of limitation not a bar - Any statute of limitations that would vest the ownership of...

§ 18-28-231. Escheatment — United States savings bond - (a) Notwithstanding any law to the contrary, including § 18-28-202(a)(10)...

Subchapter 4 - Mineral Proceeds

§ 18-28-401. Definitions - As used in this subchapter: (1) “Holder” means a person,...

§ 18-28-402. Escrow accounts - (a) (1) A holder of mineral proceeds shall establish an...

§ 18-28-403. Abandoned mineral proceeds — Disposition of funds - (a) (1) (A) All mineral proceeds that are held or...

§ 18-28-404. Reports - A report required to be made to the Auditor of...