Rhode Island General Laws 33-21.1-21. Crediting of dividends, interest or increments to owner’s account
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Whenever property, other than money, is paid or delivered to the administrator under this chapter, the owner is entitled to receive from the administrator any dividends, interest, or other increments, realized or accruing on the property at or before liquidation or conversion of the property into money.
History of Section.
P.L. 1986, ch. 500, § 3.
Terms Used In Rhode Island General Laws 33-21.1-21
- Administrator: means the general treasurer or his or her designee, including agents hired for the express purpose of auditing, assessing and collecting unclaimed property. See Rhode Island General Laws 33-21.1-1
- Owner: means a depositor in the case of a deposit, a beneficiary in the case of a trust other than a deposit in trust, a creditor, claimant, or payee in the case of other intangible property, or a person having a legal or equitable interest in property subject to this chapter or his or her legal representative. See Rhode Island General Laws 33-21.1-1