B. The report shall be verified and shall contain all of the following:

1. 1. A description of the property.
2. 2. Except for a traveler's check or money order, the name, if known, the last known address, if any, and the social security number or taxpayer identification number, if readily ascertainable, of the apparent owner of property with a value of at least fifty dollars.
3. 3. An aggregate amount of items with a value of less than fifty dollars each.
4. 4. For an amount of at least fifty dollars held or owing under an annuity or a life or endowment insurance policy, the full name and last known address of the annuitant or insured and of the beneficiary.
5. 5. For property held in a safe deposit box or any other safekeeping depository, an indication of the place where it is held and where it may be inspected by the department and any amount owing to the holder.
6. 6. The date, if any, on which the property became payable, demandable or returnable and the date of the last transaction with the apparent owner of the property.
7. 7. Other information that the department by rule deems necessary for the administration of this chapter.

E. Prior to one hundred twenty days before the holder of property that is presumed abandoned files the report prescribed in this section, the holder shall send a written notice to the apparent owner that states that the holder is in possession of the property subject to this chapter if all of the following apply:

1. 1. The holder has an address in the holder's records for the apparent owner and the records do not indicate that the address is inaccurate.
2. 2. The claim of the apparent owner is not barred by any other law of this state.
3. 3. The value of the property is at least fifty dollars.