Revised Code of Washington
Chapter 63.30 - Revised Uniform Unclaimed Property Act.
63.30.300 - Notice by administrator.

RCW 63.30.300
Notice by administrator. (Effective January 1, 2023.)

(1) The administrator shall give notice to an apparent owner that property presumed abandoned and appears to be owned by the apparent owner is held by the administrator under this chapter.
(2) In providing notice under subsection (1) of this section, the administrator shall:
(a) Except as otherwise provided in (b) of this subsection, send written notice by first-class United States mail to each apparent owner of property valued at $75 or more held by the administrator, unless the administrator determines that a mailing by first-class United States mail would not be received by the apparent owner, and, in the case of a security held in an account for which the apparent owner had consented to receiving email from the holder, send notice by email if the email address of the apparent owner is known to the administrator instead of by first-class United States mail; or
(b) Send the notice to the apparent owner's email address if the administrator does not have a valid United States mail address for an apparent owner, but has an email address that the administrator does not know to be invalid.
(3) In addition to the notice under subsection (2) of this section, the administrator shall:
(a) Publish every 12 months in the printed or online version of a newspaper of general circulation within this state, which the administrator determines is most likely to give notice to the apparent owner of the property, notice of property held by the administrator which must include:
(i) The total value of property received by the administrator during the preceding 12-month period, taken from the reports under RCW 63.30.220;
(ii) The total value of claims paid by the administrator during the preceding 12-month period;
(iii) The internet web address of the unclaimed property website maintained by the administrator;
(iv) A telephone number and email address to contact the administrator to inquire about or claim property; and
(v) A statement that a person may access the internet by a computer to search for unclaimed property and a computer may be available as a service to the public at a local public library; and
(b) Maintain a website or database accessible by the public and electronically searchable which contains the names reported to the administrator of all apparent owners for whom property is being held by the administrator.
(4) The website or database maintained under subsection (3)(b) of this section must include instructions for filing with the administrator a claim to property and a printable claim form with instructions for its use.
(5) In addition to giving notice under subsection (2) of this section, publishing the information under subsection (3)(a) of this section and maintaining the website or database under subsection (3)(b) of this section, the administrator may use other printed publication, telecommunications, the internet, or other media to inform the public of the existence of unclaimed property held by the administrator.

[ 2022 c 225 § 503.]

Structure Revised Code of Washington

Revised Code of Washington

Title 63 - Personal Property

Chapter 63.30 - Revised Uniform Unclaimed Property Act.

63.30.010 - Definitions.

63.30.020 - Inapplicability to foreign transaction.

63.30.030 - Rule making.

63.30.040 - Property presumed abandoned.

63.30.050 - Tax deferred retirement account presumed abandoned.

63.30.060 - Other tax deferred account presumed abandoned.

63.30.070 - Custodial account for minor presumed abandoned.

63.30.080 - Contents of safe deposit box presumed abandoned.

63.30.090 - Stored value card presumed abandoned.

63.30.100 - Security presumed abandoned.

63.30.110 - Related property presumed abandoned.

63.30.120 - Indication of apparent owner interest in property.

63.30.130 - Knowledge of death of insured or annuitant.

63.30.140 - Deposit account for proceeds of insurance policy or annuity contract.

63.30.150 - Address of apparent owner to establish priority.

63.30.160 - Address of apparent owner in Washington state.

63.30.170 - Records showing multiple addresses of apparent owner.

63.30.180 - Holder domiciled in Washington state.

63.30.190 - Custody if transaction takes place in Washington state.

63.30.200 - Traveler's check, money order, or similar instrument.

63.30.210 - Burden of proof to establish administrator's right to custody.

63.30.220 - Report required by holder.

63.30.230 - Content of report.

63.30.240 - When report to be filed.

63.30.250 - Retention of records by holder.

63.30.260 - Property reportable and payable or deliverable absent owner demand.

63.30.270 - Abandoned intangible property held by local government.

63.30.280 - Notice to apparent owner by holder.

63.30.290 - Contents of notice by holder.

63.30.300 - Notice by administrator.

63.30.310 - Cooperation among state officers and agencies to locate apparent owner.

63.30.320 - Good faith.

63.30.330 - Dormancy charge.

63.30.340 - Payment or delivery of property to administrator.

63.30.350 - Effect of payment or delivery of property to administrator.

63.30.360 - Recovery of property by holder from administrator.

63.30.370 - Property removed from safe deposit box.

63.30.380 - Crediting income or gain to owner's account.

63.30.390 - Administrator's options as to custody.

63.30.400 - Disposition of property having no substantial value—Immunity from liability.

63.30.410 - Periods of limitation and repose.

63.30.420 - Public sale of property.

63.30.430 - Disposal of securities.

63.30.440 - Recovery of securities or value by owner.

63.30.450 - Purchaser owns property after sale.

63.30.460 - Military medal or decoration.

63.30.470 - Deposit of funds by administrator.

63.30.480 - Administrator to retain records of property.

63.30.490 - Expenses and service charges of administrator.

63.30.500 - Administrator holds property as custodian for owner.

63.30.510 - Claim of another state to recover property.

63.30.520 - Property subject to recovery by another state.

63.30.530 - Claim for property by person claiming to be owner.

63.30.540 - Administrator must honor claim for property, when.

63.30.550 - Allowance of claim for property.

63.30.560 - Action by person whose claim is denied.

63.30.570 - Verified report of property.

63.30.580 - Examination of records to determine compliance.

63.30.590 - Rules for conducting examination.

63.30.600 - Records obtained in examination.

63.30.610 - Evidence of unpaid debt or undischarged obligation.

63.30.620 - Failure of person examined to retain records.

63.30.630 - Report to person whose records were examined.

63.30.640 - Complaint to administrator about conduct of person conducting examination.

63.30.650 - Administrator's contract with another to conduct examination.

63.30.660 - Limit on future employment.

63.30.670 - Report by administrator to state official.

63.30.680 - Determination of liability for unreported reportable property.

63.30.690 - Interest and penalties.

63.30.700 - Waiver.

63.30.710 - Informal conference.

63.30.720 - Review of administrator's determination.

63.30.730 - Administrative review.

63.30.740 - Judicial remedy.

63.30.750 - Judicial action to enforce liability.

63.30.760 - Interstate and international agreement—Cooperation.

63.30.770 - Action involving another state or foreign country.

63.30.780 - Agreement to locate property enforceable.

63.30.790 - Agreement to locate property void, when.

63.30.800 - Right of agent of apparent owner to recover property held by administrator.

63.30.810 - Definitions—Applicability.

63.30.820 - Confidential information.

63.30.830 - When confidential information may be disclosed.

63.30.840 - Confidentiality agreement.

63.30.850 - No confidentiality information in notice.

63.30.860 - Security of information.

63.30.870 - Security breach.

63.30.880 - Indemnification for breach.

63.30.900 - Short title.

63.30.905 - Uniformity of application and construction—2022 c 225.

63.30.910 - Relation to electronic signatures in global and national commerce act.

63.30.915 - Transitional provision.

63.30.920 - Conflict with federal requirements—2022 c 225.

63.30.925 - Effective date—2022 c 225.