1. A. The State Treasurer may decline to receive any property reported under the Uniform Unclaimed Property Act which the State Treasurer considers to have a value less than the expense of giving notice and of sale. If the State Treasurer elects not to receive custody of the property, the holder shall be notified before the date specified in Section 663 of this title for payment or delivery of the property to the State Treasurer.
2. B. A holder, with the written consent of the State Treasurer and upon conditions and terms prescribed by the State Treasurer, may report and deliver property before the property is presumed abandoned. Property delivered under this subsection must be held by the State Treasurer and is not presumed abandoned until such time as it otherwise would be presumed abandoned under the Uniform Unclaimed Property Act.

Laws 1967, HB 532, c. 107, § 27, emerg. eff. April 24, 1967; Amended by Laws 1991, HB 1538, c. 331, § 32, eff. September 1, 1991; Amended by Laws 1999, SB 659, c. 10, § 24, emerg. eff. July 1, 1999 (superseded document available).