Delaware Code
Subchapter II. Unclaimed Property
§ 1152. Payment or delivery of property to State Escheator.

(a) Except as otherwise provided in this section, on filing a report under § 1142 of this title, the holder shall pay or deliver to the State Escheator the property described in the report.
(b) If property in a report under § 1142 of this title is an automatically renewable deposit and a penalty or forfeiture in the payment of interest would result from paying the deposit to the State Escheator at the time of the report, the date for payment of the property to the State Escheator is extended until a penalty or forfeiture no longer would result from payment, if the holder informs the State Escheator of the extended date.
(c) If property reported to the State Escheator under § 1142 of this title is a security, the State Escheator may do either of the following:

(1) Make an endorsement, instruction, or entitlement order on behalf of the owner to invoke the duty of the issuer, its transfer agent, or the securities intermediary to transfer the security.
(2) Dispose of the security under § 1159 of this title.
(d) The State Escheator shall establish procedures for the registration, issuance, method of delivery, transfer, and maintenance of securities delivered to the State Escheator by a holder.
(e) A holder is not required to deliver to the State Escheator a security identified by the holder as a nonfreely transferable security. Upon determination by the State Escheator or the holder that a security is no longer a nonfreely transferable security, the holder shall remit the security on the next regular date prescribed for delivery of securities under this chapter. The holder shall annually determine whether a security identified in a report filed under § 1142 of this title as a nonfreely transferable security is no longer a nonfreely transferable security.
(f) If property reported to the State Escheator under § 1142 of this title is virtual currency, the holder shall liquidate the virtual currency within 90 days prior to the filing of the report and remit the proceeds to the administrator. The owner shall not have recourse against the holder or the State Escheator to recover any gain in value that occurs after the liquidation of the virtual currency under this subsection.

Structure Delaware Code

Delaware Code

Title 12 - Decedents' Estates and Fiduciary Relations

Chapter 11. ESCHEATS

Subchapter II. Unclaimed Property

§ 1130. Definitions.

§ 1131. Inapplicability to wholly foreign transaction.

§ 1132. Rule-making.

§ 1133. When property presumed abandoned.

§ 1134. When contents of safe deposit box presumed abandoned.

§ 1135. When related property interest presumed abandoned.

§ 1136. Indication of owner interest in property.

§ 1137. Knowledge of death.

§ 1138. Retained asset account for insurance policy or annuity contract.

§ 1139. Address of owner to establish priority.

§ 1140. Address of owner in this State.

§ 1141. Holder domiciled in this State.

§ 1142. Report required by holder.

§ 1143. Content of report.

§ 1144. When report to be filed.

§ 1145. Retention of records by holder [For application of this section, see 83 Del. Laws, c. 346, § 12].

§ 1146. When property reportable and payable or deliverable.

§ 1147. Limitation on assignment or transfer of liability.

§ 1148. Notice to owner by holder [For application of this section, see 83 Del. Laws, c. 59, § 25].

§ 1149. Contents of notice by holder.

§ 1150. Notice to owner by State Escheator [For application of this section, see 83 Del. Laws, c. 346, § 12].

§ 1151. Cooperation among agencies to determine owner.

§ 1152. Payment or delivery of property to State Escheator.

§ 1153. Effect of payment or delivery of property to State Escheator.

§ 1154. Interest not to run after report of property and limitation on claims.

§ 1155. State Escheator's options as to custody.

§ § 1156. Periods of limitation.

§ 1157. No private escheat.

§ 1158. Public sale of property.

§ 1159. Disposal of securities [For application of this section, see 83 Del. Laws, c. 346, § 12].

§ 1160. Recovery of securities or value by owner [For application of this section, see 83 Del. Laws, c. 59, § 25; and 83 Del. Laws, c. 346, § 12].

§ 1161. Purchaser owns property after sale.

§ 1162. Military medals.

§ 1163. Deposit and disbursement of funds.

§ 1164. State Escheator to retain records of property.

§ 1165. Claim for property by person claiming to be owner.

§ 1166. When State Escheator must honor claim for property [For application of this section, see 83 Del. Laws, c. 59, § 25; and 83 Del. Laws, c. 346, § 12].

§ 1167. Claims and rights of appeal [For application of this section, see 83 Del. Laws, c. 59, § 25; and 83 Del. Laws, c. 346, §  12].

§ 1168. Payment by State Escheator.

§ 1169. Allowance of claim for property.

§ 1170. Request for report of property; compliance reviews.

§ 1171. Examination to determine compliance with chapter [For application of this section, see 83 Del. Laws, c. 59, § 25].

§ 1172. Rules and procedures for conducting an examination [For application of this section, see 83 Del. Laws, c. 59, § 25].

§ 1173. Voluntary property reporting outreach program.

§ 1174. Records obtained in examination or voluntary disclosure.

§ 1175. Evidence of debt or undischarged obligation.

§ 1176. Failure of person examined to retain records.

§ 1177. Report to person whose records were examined [For application of this section, see 83 Del. Laws, c. 59, § 25].

§ 1178. State Escheator's contract with another to conduct compliance review and examination and limit on future employment.

§ 1179. Judicial review procedure; Court of Chancery jurisdiction [For application of this section, see 83 Del. Laws, c. 59, § 25].

§ 1180. Judicial action to enforce liability.

§ 1181. Interstate agreement and cooperation.

§ 1182. Action involving another state.

§ 1183. Interest and penalties.

§ 1184. Other civil penalties.

§ 1185. Waiver of interest and penalty [For application of this section, see 83 Del. Laws, c. 59, § 25].

§ 1186. When agreement to locate property enforceable.

§ 1187. When agreement to locate property unenforceable.

§ 1188. Right of owner's agent to recover property held by State Escheator.

§ 1189. Confidentiality of records.

§ 1190. Severability.