Iowa Code 556.8 – Property held by state courts and public officers and agencies — abandonment
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Terms Used In Iowa Code 556.8
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- property: includes personal and real property. See Iowa Code 4.1
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
556.8 Property held by state courts and public officers and agencies — abandonment.
All intangible personal property held for the owner by any court, public corporation,
public authority, agency, instrumentality, employee, or public officer of this state, or the United States, or a political subdivision of the state, another state, or the United States, that has remained unclaimed by the owner for more than two years after becoming payable or distributable is presumed abandoned.
[C71, 73, 75, 77, 79, 81, §556.8]
84 Acts, ch 1295, §12; 89 Acts, ch 287, §4
Referred to in §602.8105
All intangible personal property held for the owner by any court, public corporation,
public authority, agency, instrumentality, employee, or public officer of this state, or the United States, or a political subdivision of the state, another state, or the United States, that has remained unclaimed by the owner for more than two years after becoming payable or distributable is presumed abandoned.
[C71, 73, 75, 77, 79, 81, §556.8]
84 Acts, ch 1295, §12; 89 Acts, ch 287, §4
Referred to in §602.8105