Any sum payable on a money order, traveler's check, or other similar written instrument (other than a third-party bank check) on which a business association is directly liable shall be presumed abandoned under the provisions of this chapter if the conditions for presumption of abandonment stated in Section 89-12-5 exist and if:
The books and records of such business association show that such money order, traveler's check, or similar written instrument was purchased in this state;
The business association has its principal place of business in this state, and the books and records of the business association do not show the state in which such money order, traveler's check, or similar written instrument was purchased; or
The business association has its principal place of business in this state, the books and records of the business association show the state in which such money order, traveler's check, or similar written instrument was purchased, and the laws of the state of purchase do not provide for presumption of abandonment or escheat of the sum payable on such instrument.
Structure Mississippi Code
Title 89 - Real and Personal Property
Chapter 12 - Uniform Disposition of Unclaimed Property Act
§ 89-12-9. Presumed abandonment of funds held or owing by utility
§ 89-12-13. Presumed abandonment of intangible personal property held by fiduciary
§ 89-12-17. Additional conditions for presumption of abandonment of intangible personal property
§ 89-12-33. Owner entitled to further income or increments
§ 89-12-35. Effect of expiration of period of limitation
§ 89-12-41. Judicial review of action of treasurer upon claim
§ 89-12-43. Treasurer may decline to receive property presumed abandoned
§ 89-12-49. Rules and regulations
§ 89-12-53. Chapter inapplicable to property of minor or incompetent
§ 89-12-55. Uniformity of interpretation
§ 89-12-57. Provisions of chapter supplemental to Section 21-39-21