Escheats | Midpage3-56aDefinitions.3-57aProperty held by banking or financial organization presumed abandoned, when.3-57bVirtual currency held by a business association or banking or financial organization presumed abandoned.3-58aFunds held by insurance company presumed abandoned, when.3-59aProperty held by a business association or payable in the course of demutualization of an insurance company presumed abandoned, when.3-59bOwnership interest in business association presumed abandoned, when.3-59cDuties of holder of abandoned interests in business associations.3-59dDelivery of duplicate certificate to Treasurer. Holder relieved of liability to others upon such delivery.3-60aProperty distributable on dissolution of business presumed abandoned, when. Notice to shareholder of corporate dissolution or liquidation.3-60bWages, salary or other compensation for personal services presumed abandoned, when.3-60cDeposit, refund or other sum owed by utility presumed abandoned, when.3-61aProperty held by fiduciary presumed abandoned, when.3-62aProperty held by public body or officer presumed abandoned, when.3-62bProperty held by federal court or agency presumed abandoned, when.3-62cProceedings to recover property.3-62dAction to obtain decree of escheat.3-62eTreasurer to pay costs and deposit funds into General Fund.3-62gLiability of state.3-62hSpecial Abandoned Property Fund. Deposit of abandoned property receipts. Special obligation bond authorization. Disbursement of resources of fund.3-63aProperty in decedent's estate presumed abandoned, when.3-64aProperty presumed abandoned generally.3-65aDuties of holder of abandoned property.3-65bAssessment of interest penalty for failure to report or deliver abandoned property as required. Exceptions.3-65cCharge, fee or penalty for inactivity prohibited.3-66aMaintenance of searchable list and provision of notice by Treasurer.3-66bUnclaimed intangible property. Conditions raising presumption of abandonment.3-66cRecovery of funds or property.3-66dAgreement with Commissioner of Revenue Services re disclosure of return information for owner identification and payment.3-67aState responsibility for property. Reimbursement of prior holder for payment to holder. Reimbursement of holder compelled to register transfer of original certificate.3-68aSale of property by Treasurer.3-69a*(See end of section for amended version and effective date.) Deposit of funds in General Fund and Citizens' Election Fund.3-70aClaims for abandoned property.3-71aAppeals.3-73aExcepted property.3-73bEffect of expiration of limitation period or period specified in contract.3-74aRegulations. Agreements and enforcement with other states.