Such person engaged in the express business or as a common carrier shall make an entry on his books of the balance of the proceeds of such sales, credited to the person to whom such article was directed, as nearly as can be ascertained, and, at any time within five years thereafter, shall, on demand, pay such balance to the owner of such article. If such balance is not claimed by the owner within ten years, it shall be disposed of in accordance with the provisions of part III of chapter 32.
(1949 Rev., S. 7290; 1961, P.A. 540, S. 30.)
History: 1961 act changed deadline for claiming balance from 5 to 10 years and specified that after that time balance will be disposed of pursuant to Ch. 32, part III where previously balance simply escheated to state.
Structure Connecticut General Statutes
Title 50 - Lost and Unclaimed Property
Chapter 859 - Lost and Unclaimed Property
Section 50-1. - Disposition of perishable property.
Section 50-2. - Disposition of goods not perishable.
Section 50-3. - Expressmen and common carriers; goods not perishable.
Section 50-4. - Disposition of perishable goods.
Section 50-5. - Avails to be accounted for. Escheat.
Section 50-8. - Marine vegetable deposits.
Section 50-9. - Lost goods; towns may adopt procedure for.
Section 50-10. - Duties of finder.
Section 50-11. - Advertising; sale of perishable goods.
Section 50-12. - Restoration to owner if claimed.
Section 50-13. - Procedure if unclaimed.
Section 50-14. - Disposition after expiration of time for making claim.