Revised Code of Washington
Chapter 63.29 - Uniform Unclaimed Property Act.
63.29.135 - Abandoned intangible property held by local government.

RCW 63.29.135
Abandoned intangible property held by local government. (Effective until January 1, 2023.)

A local government holding abandoned intangible property that is not forwarded to the department of revenue, as authorized under RCW 63.29.190, shall not be required to maintain current records of this property for longer than five years after the property is presumed to be abandoned, and at that time may archive records of this intangible property and transfer the intangible property to its general fund. However, the local government shall remain liable to pay the intangible property to a person or entity subsequently establishing its ownership of this intangible property.

[ 1990 2nd ex.s. c 1 § 301.]
NOTES:

Applicability—1990 2nd ex.s. c 1: "Any funds covered by RCW 63.29.190 that were received by the state prior to June 6, 1990, shall be retained by the state of Washington, and any such funds not remitted to the state prior to June 6, 1990, may be retained as provided for under RCW 63.29.190." [ 1990 2nd ex.s. c 1 § 303.]


Severability—1990 2nd ex.s. c 1: See note following RCW 82.14.300.

Structure Revised Code of Washington

Revised Code of Washington

Title 63 - Personal Property

Chapter 63.29 - Uniform Unclaimed Property Act.

63.29.010 - Definitions and use of terms.

63.29.020 - Property presumed abandoned—General rule—Exceptions.

63.29.030 - General rules for taking custody of intangible unclaimed property.

63.29.040 - Travelers checks and money orders.

63.29.050 - Checks, drafts, and similar instruments issued or certified by banking and financial organizations.

63.29.060 - Bank deposits and funds in financial organizations.

63.29.070 - Funds owing under life insurance policies.

63.29.080 - Deposits held by utilities.

63.29.090 - Refunds held by business associations.

63.29.100 - Stock and other intangible interests in business associations.

63.29.110 - Property of business associations held in course of dissolution.

63.29.120 - Property held by agents and fiduciaries.

63.29.130 - Property held by courts and public agencies—When abandoned—Overpayments.

63.29.133 - Property held by landlord.

63.29.135 - Abandoned intangible property held by local government.

63.29.140 - Gift certificates and credit memos.

63.29.150 - Wages.

63.29.160 - Contents of safe deposit box or other safekeeping repository.

63.29.165 - Property in self-storage facility.

63.29.170 - Report of abandoned property.

63.29.180 - Notice and publication of information about unclaimed property.

63.29.190 - Payment or delivery of abandoned property.

63.29.192 - Penalty and interest paid in excess—Refunds—Returns.

63.29.193 - Petition for review—Denied application for refund or return.

63.29.194 - Appeal of payment or delivered property.

63.29.195 - Agreement—Established between a holder and the department.

63.29.200 - Custody by state—Holder relieved from liability—Reimbursement of holder paying claim—Reclaiming for owner—Defense of holder—Payment of safe deposit box or repository charges.

63.29.210 - Crediting of dividends, interest, or increments to owner's account.

63.29.220 - Public sale of abandoned property.

63.29.230 - Deposit of funds.

63.29.240 - Filing of claim with department.

63.29.250 - Claim of another state to recover property—Procedure.

63.29.260 - Action to establish claim.

63.29.270 - Election to take payment or delivery.

63.29.280 - Destruction or disposition of property having insubstantial commercial value—Immunity from liability.

63.29.290 - Periods of limitation.

63.29.300 - Requests for reports and examination of records.

63.29.310 - Retention of records.

63.29.320 - Enforcement.

63.29.330 - Interstate agreements and cooperation—Joint and reciprocal actions with other states.

63.29.340 - Interest and penalties.

63.29.350 - Penalty for excessive fee for locating abandoned property—Consumer protection act application.

63.29.360 - Foreign transactions.

63.29.370 - Rules.

63.29.380 - Information and records confidential.

63.29.900 - Effect of new provisions—Clarification of application.

63.29.902 - Uniformity of application and construction.

63.29.903 - Short title.

63.29.905 - Effective date—1983 c 179.

63.29.906 - Effective date—1996 c 45.