Rhode Island General Laws
Chapter 33-21.1 - Unclaimed Intangible and Tangible Property
Section 33-21.1-30. - Requests for reports and examination of records.

§ 33-21.1-30. Requests for reports and examination of records.
(a) The administrator may require any person who has not filed a report to file a verified report stating whether or not the person is holding any unclaimed property reportable or deliverable under this chapter.
(b) The administrator, at reasonable times and upon reasonable notice, may examine the records of any person to determine whether the person has complied with the provisions of this chapter. The administrator may conduct the examination even if the person believes he or she is not in possession of any property reportable or deliverable under this chapter.
(c) If a person is treated under § 33-21.1-12 as the holder of the property only insofar as the interest of the business association in the property is concerned, the administrator, pursuant to subsection (b), may examine the records of the person if the administrator has given the notice required by subsection (b) to both the person and the business association at least ninety (90) days before the examination.
(d) If an examination of the records of a person results in the disclosure of property reportable and deliverable under this chapter, the administrator may assess the cost of the examination against the holder at the rate of one hundred dollars ($100) a day for each examiner, but in no case may the charges exceed the value of the property found to be reportable and deliverable. The cost of examination made pursuant to subsection (c) may be imposed only against the business association.
(e) If a holder fails after July 1, 1987 to maintain the records required by § 33-21.1-31 and the records of the holder available for the periods subject to this chapter are insufficient to permit the preparation of a report, the administrator may require the holder to report and pay any amounts as may reasonably be estimated from any available records.
History of Section.P.L. 1986, ch. 500, § 3.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 33 - Probate Practice and Procedure

Chapter 33-21.1 - Unclaimed Intangible and Tangible Property

Section 33-21.1-1. - Definitions and use of terms.

Section 33-21.1-2. - Property presumed abandoned.

Section 33-21.1-2.1. - United States savings bonds unclaimed property escheat procedure.

Section 33-21.1-3. - General rules for taking custody of intangible unclaimed property.

Section 33-21.1-3.1. - Property originated or issued by this state, any political subdivision of the state or any entity incorporated, organized, created or otherwise located in this state.

Section 33-21.1-4. - Travelers checks and money orders.

Section 33-21.1-5. - Checks, drafts and similar instruments issued or certified by banking and financial organizations.

Section 33-21.1-6. - Bank deposits and funds in financial organizations.

Section 33-21.1-7. - Funds owing under life insurance policies.

Section 33-21.1-8. - Deposits held by utilities.

Section 33-21.1-9. - Refunds held by business associations.

Section 33-21.1-10. - Stock and other intangible interests in business associations.

Section 33-21.1-11. - Repealed.

Section 33-21.1-12. - Property held by agents and fiduciaries.

Section 33-21.1-13. - Property held by courts and public agencies.

Section 33-21.1-14. - Gift certificates and credit memos.

Section 33-21.1-14.1. - Property held by police departments.

Section 33-21.1-14.2. - Property held by hospitals, private, nonprofit institution of higher education or other domestic charitable corporations.

Section 33-21.1-15. - Wages.

Section 33-21.1-16. - Contents of safe deposit box or other safekeeping repository.

Section 33-21.1-16.1. - Unclaimed demutualization proceeds.

Section 33-21.1-17. - Report of abandoned property.

Section 33-21.1-18. - Notice and publication of lists of abandoned property.

Section 33-21.1-19. - Payment or delivery of abandoned property.

Section 33-21.1-20. - Custody by state — Defense of holder — Payment of safe deposit box or repository charges.

Section 33-21.1-21. - Crediting of dividends, interest or increments to owner’s account.

Section 33-21.1-22. - Public sale of abandoned property.

Section 33-21.1-23. - Deposit of funds.

Section 33-21.1-24. - Filing of claim with administrator.

Section 33-21.1-25. - Claim of another state to recover property; procedure.

Section 33-21.1-26. - Action to establish claim.

Section 33-21.1-27. - Election to take payment or delivery.

Section 33-21.1-28. - Destruction or disposition of property having insubstantial commercial value — Immunity from liability.

Section 33-21.1-28.1. - Disposition of “de minimis” property.

Section 33-21.1-29. - Limitation periods.

Section 33-21.1-30. - Requests for reports and examination of records.

Section 33-21.1-31. - Retention of records.

Section 33-21.1-32. - Enforcement.

Section 33-21.1-33. - Interstate agreements and cooperation — Joint and reciprocal actions with other states.

Section 33-21.1-34. - Interest and penalties.

Section 33-21.1-35. - Agreement to locate reported property.

Section 33-21.1-36. - Foreign transactions.

Section 33-21.1-37. - Effect of new provisions — Clarification of application.

Section 33-21.1-38. - Rules.

Section 33-21.1-39. - Severability.

Section 33-21.1-40. - Uniformity of application and construction.

Section 33-21.1-41. - Short title.