§ 32-34-1.5-1 Nonapplicability of chapter
§ 32-34-1.5-2 Citation of law as “revised unclaimed property act”
§ 32-34-1.5-3 Definitions
§ 32-34-1.5-4 Presumption of abandonment
§ 32-34-1.5-5 Presumption of abandonment for property held in a pension account or retirement account
§ 32-34-1.5-6 Presumption of abandonment for property held in a tax deferred account or plan
§ 32-34-1.5-7 Presumption of abandonment for property held in an account established for minors
§ 32-34-1.5-8 Presumption of abandonment for property held in a safe deposit box
§ 32-34-1.5-9 Presumption of abandonment for securities
§ 32-34-1.5-10 Presumption of abandonment for accrued interest
§ 32-34-1.5-11 Indication of apparent owner’s interest
§ 32-34-1.5-12 Death of an insured or annuitant; death master file
§ 32-34-1.5-13 Proceeds payable under an insurance policy or annuity contract
§ 32-34-1.5-14 Property located in another state or foreign country
§ 32-34-1.5-15 Property subject to custody of state as unclaimed property
§ 32-34-1.5-16 Traveler’s checks; money orders
§ 32-34-1.5-17 Disputes; burden of proof
§ 32-34-1.5-18 Reporting property presumed abandoned
§ 32-34-1.5-19 Reporting requirements
§ 32-34-1.5-20 Reporting deadlines
§ 32-34-1.5-21 Retention of records
§ 32-34-1.5-22 Failure of owner to request payment
§ 32-34-1.5-23 Notice sent to apparent owner
§ 32-34-1.5-24 Notice requirements
§ 32-34-1.5-25 Publication of notice in newspaper and on Internet
§ 32-34-1.5-26 Determining current address of apparent owner
§ 32-34-1.5-27 Good faith payment or delivery of property
§ 32-34-1.5-28 Dormancy charge
§ 32-34-1.5-29 Delivery of property to attorney general
§ 32-34-1.5-30 Liability for property paid or delivered in good faith
§ 32-34-1.5-31 Claims for reimbursement and return of property
§ 32-34-1.5-32 Property removed from safe deposit box
§ 32-34-1.5-32.5 United States savings bonds
§ 32-34-1.5-33 Gain realized or accrued on property
§ 32-34-1.5-34 Declining custody of property; delivering property before presumed abandoned
§ 32-34-1.5-35 Disposal of property; actions against state
§ 32-34-1.5-36 Periods of limitation; commencement of action by attorney general
§ 32-34-1.5-37 Sale of property
§ 32-34-1.5-38 Sale of securities
§ 32-34-1.5-39 Transfer of securities
§ 32-34-1.5-40 Property purchased at sale
§ 32-34-1.5-41 Medal or decoration awarded for military service
§ 32-34-1.5-42 Abandoned property fund
§ 32-34-1.5-43 Records maintained by attorney general
§ 32-34-1.5-44 Deductions; transfer to state general fund
§ 32-34-1.5-45 Property not owned by state
§ 32-34-1.5-46 Property subject to superior claim
§ 32-34-1.5-47 Right of another state to take custody of property
§ 32-34-1.5-48 Filing claims for property
§ 32-34-1.5-49 Allowing and denying claims
§ 32-34-1.5-50 Delivery of property to owner; payment of enforceable debt
§ 32-34-1.5-51 Action for denial of claim
§ 32-34-1.5-52 Verified report
§ 32-34-1.5-53 Examining records
§ 32-34-1.5-54 Rules for examining records
§ 32-34-1.5-55 Use and disclosure of records
§ 32-34-1.5-56 Prima facie evidence of debt or obligation
§ 32-34-1.5-57 Estimating value of property
§ 32-34-1.5-58 Examination report
§ 32-34-1.5-59 Intervention in examination; request for conference
§ 32-34-1.5-60 Contract with person to conduct examination
§ 32-34-1.5-61 Ethics and conflicts of interest
§ 32-34-1.5-62 Annual report to treasurer of state
§ 32-34-1.5-63 Determination of putative holder’s liability
§ 32-34-1.5-64 Request by putative holder for informal conference
§ 32-34-1.5-65 Relief from determination made by attorney general
§ 32-34-1.5-66 Administrative remedies
§ 32-34-1.5-67 Judicial review and procedure
§ 32-34-1.5-68 Enforcement of determination
§ 32-34-1.5-69 Exchanging records with another state or foreign country
§ 32-34-1.5-70 Action with or on behalf of another state or foreign country
§ 32-34-1.5-71 Interest rates and civil penalties for undelivered property
§ 32-34-1.5-72 Civil penalties for evasion and fraudulent reports
§ 32-34-1.5-73 Waiving interest and penalties
§ 32-34-1.5-74 Agreements to locate or recover property
§ 32-34-1.5-75 Unenforceable agreements to locate or recover property
§ 32-34-1.5-76 Agent of apparent owner
§ 32-34-1.5-77 Personal information
§ 32-34-1.5-78 Confidential information
§ 32-34-1.5-79 Disclosing confidential information
§ 32-34-1.5-80 Confidentiality agreements
§ 32-34-1.5-81 Confidential information in notice
§ 32-34-1.5-82 Responsibilities for confidential information; security plan
§ 32-34-1.5-83 Notice of breach of confidential information
§ 32-34-1.5-84 Claims regarding confidential information; indemnification
§ 32-34-1.5-85 General purpose of uniformity among states
§ 32-34-1.5-86 Interaction with federal laws
§ 32-34-1.5-87 Rules

Terms Used In Indiana Code > Title 32 > Article 34 > Chapter 1.5 - Revised Unclaimed Property Act

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • minor: means a person less than eighteen (18) years of age. See Indiana Code 1-1-4-5
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
  • Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5