10 Del. Admin. Code § 301-20.0

Current through Register Vol. 28, No. 5, November 1, 2024

Section 301-20.0 - Unclaimed Funds in Authorized Players' Accounts

20.1 Subject to the provisions of 12 Del. C. § 1130, et seq., if the funds in an Authorized Player's Account remain unclaimed for five years after the balances are payable or deliverable to the Authorized Player, Registrant shall presume the account to be abandoned.

20.2 As required by 12 Del. C. § 1142, Registrant shall report and deliver all funds then held in those Authorized Players' accounts that are presumed abandoned to the State Escheator.

20.3 Pursuant to 12 Del. C. § 1148, not less than 60 days prior to filing the report contemplated in subsection b., above, Registrant shall provide notice to all Authorized Players whose accounts remain unclaimed, sent to each such Authorized Player's last known address and conduct due diligence to locate all such Authorized Players.

10 Del. Admin. Code § 301-20.0

21 DE Reg. 499 (12/1/2017) (Final)