- (1) The administrator shall send at least one written notice by first-class United States mail to each apparent owner of unclaimed property held by the administrator and valued at $100 or more.
- (2) However, the administrator shall not send a notice under this Section by first-class United States mail if the administrator reasonably believes that a mailing by first-class United States mail would not be received by the apparent owner.
- (3) In the case of a security held in an account for which the apparent owner had consented to receiving e-mail from the holder, the administrator shall send notice by e-mail if the e-mail address of the apparent owner is known to the administrator instead of by first-class United States mail.
KEY: adjudicative procedures, state treasurer, unclaimed property
Date of Last Change: January 22, 2020
Notice of Continuation: January 21, 2025
Authorizing, and Implemented or Interpreted Law: 67-4a