The treasurer, after receiving reports of property deemed abandoned pursuant to the provisions of this chapter, may decline to receive any property reported which he deems to have a value less than the cost of giving notice, or he may, if he deems it desirable because of the small sum involved, postpone taking possession until a sufficient sum accumulates. Unless the holder of the property is notified to the contrary within thirty (30) days after filing the report required under Section 89-12-23, the treasurer shall be deemed to have elected to receive the custody of the property.
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