14-518. NOTICE AND PUBLICATION OF LISTS OF ABANDONED PROPERTY. (1) The administrator shall establish, maintain and update at least quarterly a current list of all reported owners of abandoned property on a website that is connected to or that may be accessed from the website maintained by the state treasurer. At least one (1) week before each quarterly website posting of such list, the administrator shall publish a notice in the official newspaper of each Idaho county stating when and where the quarterly website listing of Idaho abandoned property will be accessible to citizens. Provided however, the names and addresses of owners located in a state which will receive the accounts because of reciprocal agreements as permitted by section 14-535, Idaho Code, need not be listed.
(2) The list maintained by the administrator must contain:
(a) The names, in alphabetical order, of persons listed in any report of abandoned property filed with the administrator and entitled to notice;
(b) A statement that information concerning the property may be obtained by any person possessing an interest in the property by addressing an inquiry to the administrator; and
(c) A statement that the property is in the custody of the administrator and all claims must be directed to the administrator.
(3) The administrator is not required to list any items of less than one hundred dollars ($100) unless the administrator considers the inclusion of such property in the list to be in the public interest.
(4) This section is not applicable to sums payable on traveler’s checks, money orders, and other written instruments presumed abandoned under section 14-504, Idaho Code.
(5) The administrator may undertake other public outreach efforts to:
(a) Inform owners of abandoned property of the location and process for retrieving such property, including participation in public events, placement of media advertisements, and publication and distribution of brochures or flyers; and
(b) Educate holders of property on the requirements of this chapter.
History:
[14-518, added 1983, ch. 209, sec. 2, p. 573; am. 1987, ch. 10, sec. 1, p. 14; am. 1988, ch. 282, sec. 1, p. 915; am. 1991, ch. 62, sec. 2, p. 155; am. 1997, ch. 399, sec. 9, p. 1269; am. 2002, ch. 34, sec. 1, p. 65; am. 2004, ch. 29, sec. 2, p. 51; am. 2005, ch. 36, sec. 1, p. 156; am. 2010, ch. 202, sec. 2, p. 437; am. 2014, ch. 167, sec. 1, p. 470.]
Structure Idaho Code
Title 14 - ESTATES OF DECEDENTS
Chapter 5 - UNCLAIMED PROPERTY LAW
Section 14-501 - DEFINITIONS AND USE OF TERMS.
Section 14-502 - PROPERTY PRESUMED ABANDONED — GENERAL RULE.
Section 14-503 - GENERAL RULES FOR TAKING CUSTODY OF INTANGIBLE UNCLAIMED PROPERTY.
Section 14-504 - TRAVELERS CHECKS AND MONEY ORDERS.
Section 14-506 - BANK DEPOSITS AND FUNDS IN FINANCIAL ORGANIZATIONS.
Section 14-507 - FUNDS OWING UNDER LIFE INSURANCE POLICIES.
Section 14-508 - DEPOSITS HELD BY UTILITIES.
Section 14-509 - REFUND HELD BY BUSINESS ASSOCIATIONS.
Section 14-510 - STOCK AND OTHER INTANGIBLE INTERESTS IN BUSINESS ASSOCIATIONS.
Section 14-511 - PROPERTY OF BUSINESS ASSOCIATIONS HELD IN COURSE OF DISSOLUTION.
Section 14-512 - PROPERTY HELD BY AGENTS AND FIDUCIARIES.
Section 14-513 - PROPERTY HELD BY COURTS AND PUBLIC AGENCIES.
Section 14-514 - GIFT CERTIFICATES AND CREDIT MEMOS.
Section 14-516 - CONTENTS OF SAFE DEPOSIT BOX OR OTHER SAFEKEEPING REPOSITORY.
Section 14-517 - REPORT OF ABANDONED PROPERTY.
Section 14-518 - NOTICE AND PUBLICATION OF LISTS OF ABANDONED PROPERTY.
Section 14-519 - PAYMENT OR DELIVERY OF ABANDONED PROPERTY.
Section 14-521 - CREDITING OF DIVIDENDS, INTEREST, OR INCREMENTS TO OWNER’S ACCOUNT.
Section 14-522 - PUBLIC SALE OF ABANDONED PROPERTY.
Section 14-523 - DISPOSITION OF MONEY RECEIVED.
Section 14-524 - FILING OF CLAIM WITH ADMINISTRATOR.
Section 14-525 - CLAIM OF ANOTHER STATE TO RECOVER PROPERTY — PROCEDURE.
Section 14-526 - ACTION TO ESTABLISH CLAIM.
Section 14-527 - ELECTION TO TAKE PAYMENT OR DELIVERY.
Section 14-529 - PERIODS OF LIMITATION.
Section 14-530 - REQUESTS FOR REPORTS AND EXAMINATION OF RECORDS.
Section 14-531 - RETENTION OF RECORDS.
Section 14-532 - ENFORCEMENT — ACTIONS TO ENFORCE UNCLAIMED PROPERTY LAW — ADMINISTRATIVE RULES.
Section 14-533 - INTEREST AND PENALTIES.
Section 14-534 - STATE HISTORICAL SOCIETY USE OF PROPERTY.
Section 14-536 - AGREEMENT TO LOCATE REPORTED PROPERTY.
Section 14-537 - FOREIGN TRANSACTIONS.
Section 14-540 - UNIFORMITY OF APPLICATION AND CONSTRUCTION.