Indiana Code 32-34-1.5-18. Reporting property presumed abandoned
Current as of: 2023 | Check for updates
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Sec. 18. (a) A holder of property presumed abandoned and subject to the custody of the attorney general must report in an electronic record to the attorney general concerning the property. The attorney general may not require a holder to file a paper report.
(c) Whether or not a holder contracts with a third party under subsection (b), the holder is responsible:
(b) A holder may contract with a third party to make the report required under subsection (a).
Terms Used In Indiana Code 32-34-1.5-18
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- Contract: A legal written agreement that becomes binding when signed.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(1) to the attorney general for the complete, accurate, and timely reporting of property presumed abandoned; and
(2) for paying or delivering to the attorney general property described in the report.
As added by P.L.141-2021, SEC.20. Amended by P.L.101-2023, SEC.3.