Mo. Rev. Stat. ch. 447 – Lost and Unclaimed Property | Midpage

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Revised Statutes of Missouri

Chapter 447

Mo. Rev. Stat. ch. 447

Lost and Unclaimed Property

447.010Duty of persons finding lost money, goods 447.020Appointment of appraisers by circuit judge 447.030Appraiser's list, where filed — publication 447.040Procedure if no owner appears, when 447.050Restoration of property, when — owner may sue, when 447.060Failure to discover — penalty 447.070Goods retained until payment of charges 447.080Sale of unclaimed property 447.090Unclaimed proceeds 447.100Carrier's responsibility ceases, when 447.110Sale of property upon which advances are made, when 447.500Law, how cited — exceptions — purpose 447.503Definitions 447.505Property held or owing by banking, financial organization or business presumed abandoned, when — exception 447.506Imposition of charges including prepayment penalties on certificates of deposit, requirements — not to affect unclaimed property 447.510Unclaimed funds held and owing by insurance company presumed abandoned, when — unclaimed funds defined — distribution of abandoned property, when 447.517Utilities, funds held or owing presumed abandoned, when 447.520Stock, certificates and ownership — dividend profit — distribution or interest payment, held or owing by business association presumed abandoned, when 447.527Dissolution of business — unclaimed intangible personal property presumed abandoned, when 447.530Fiduciary holding intangible personal property for benefit of another presumed abandoned, when, exception 447.532Courts — public corporations — public authority — officers — political subdivisions holding intangible personal property for another presumed abandoned, when 447.533Interest, dividends or their earnings deemed unclaimed property, when 447.534United States savings bonds deemed abandoned, when — proceeds to escheat to the state, when — filing of a claim, procedure 447.535All other intangible property presumed abandoned, when — ongoing business relationships, certain items not presumed abandoned, when 447.536Abandonment period, effective when — exception for payroll checks 447.537Owner of property in another state and holder subject to that state's jurisdiction, effect 447.539Report to treasurer on property presumed abandoned — content — filed, when — extension of filing time — location of owner, duties — penalty — assessment, reconsideration, interest — waiver — determination of amounts, estimation 447.540Charitable, fraternal and other federally tax-exempt entities to report and remit unclaimed property 447.541Notices required — publication form, content — mailed notice, requirements, content, exception — treasurer's duty 447.543Delivery of property to treasurer, when — retention of approved costs — errors of presumption, procedure — abandoned fund account established — payment of claims — records subject to public inspection, exception 447.545No liability for claims by holder after delivery to state — legal actions, procedure 447.547Law of abandoned property not applicable, when 447.548Reportable periods, no enforcement after three years, when — fraudulent report, enforcement for six years 447.549Statute of limitations not a defense for governmental agencies in proceedings by treasurer to recover unclaimed property 447.558Sale of property, when — publication of notice — purchaser's title — proceeds, deposit 447.559Historical review of items by state historical society, when — fee, how determined 447.560Record of property, content — retained for public inspection — information not public record, when — public record, when — penalty for disclosure — military medals, procedure — United States savings bonds, procedure 447.561Destruction or disposal of property by treasurer if of no value — no liability for state or holder 447.562Claim to be filed for property delivered to the state, form, procedure, penalty — claims paid by holder, reimbursed by treasurer, when, exception 447.565Hearing on claims by treasurer — payment of claim, amount, no charges authorized — interest — treasurer discharged from liability — claimant accountable to person with superior right 447.569Appeal of treasurer's decision or failure to act, when — report filed, deemed contested case 447.571Custody of property, powers of treasurer to receive or decline — failure to act, effect — postponing delivery, when, limitation 447.572Examination of records by treasurer and persons authorized, when 447.575Enforcing delivery, court action 447.577Reports — payment or delivery of property, failure to make — false statements in report — penalties 447.579Rules authorized 447.581Agreements to locate or reveal whereabouts of property, requirements for validity — agreements to pay or assist in recovery of property, requirements for enforceability — registration of recovery representative, requirements — suspension of registration, hearing, disclosure of information — penalty for violations — treasurer may withhold payment, when 447.583Reciprocal agreements with other states — attorney general's duties, when 447.584Agreements — property held by business entities in other states or governmental entities — treasurer, duties — fees 447.585Another state may recover property from state of Missouri, when 447.587Safe deposit box contents that become unclaimed property — right to fees, charges and authority to enforce possessory liens 447.595Bond required for arrest warrantor, probation or civil cash bond, proceeds deemed unclaimed property, when 447.620Definitions 447.622Petition, requirements 447.624Proceeding, where commenced, procedure 447.625Procedures in home rule cities 447.626Expeditious treatment 447.628Notice of pendency of suit, effect 447.630Hearing, plan of rehabilitation 447.632Grant of petition, requirements 447.634Grant of temporary possession 447.636Quarterly report 447.638Restoration of possession, compensation 447.640Quitclaim judicial deed may be granted, conditions, effect 447.700Definitions 447.701Eligible projects, director's duties — owner to repay, when 447.702Department loans to eligible projects, guidelines, conditions 447.704Loan guarantees, guidelines, conditions — private lender immune from liability, when 447.706Grants, guidelines, conditions 447.708Tax credits, criteria, conditions — definitions — eligibility of certain demolition costs 447.710Property reuse revolving fund — lapse into general revenue prohibited — investment of fund 447.712Tort immunity 447.714Hazardous substances on property, duties of purchaser — department of natural resources, duties 447.716Failure of purchaser to perform, sanctions 447.718Rulemaking authority, procedure