Fla. Admin. Code R. 69G-20.040

Current through Reg. 50, No. 222; November 13, 2024

Section 69G-20.040 - WRITTEN NOTICE

All holders in possession of property presumed unclaimed having a value of $50.00 or more shall give notice to the apparent owner in accordance with section 717.117(4), F.S. The notice shall, at a minimum, meet the following criteria:

(1) The account must be identified as inactive and subject to reporting and remittance to the Department as provided by sections 717.101 through 717.117 and 717.119, F.S.

(2) The property value must be clearly stated on the notice.

(3) The notice must include a reasonable description of the property sufficient to inform the property owner of the nature of the unclaimed property and the property identifier assigned by the holder to the account.

(4) The notice must include a telephone number and mailing address of the holder from which additional information concerning the property is available.

Fla. Admin. Code Ann. R. 69G-20.040

Rulemaking Authority 717.138 FS. Law Implemented 717.101, 717.102, 717.1035, 717.104, 717.1045, 717.105, 717.106, 717.107, 717.1071, 717.108, 171.109, 717.1101, 717.111, 717.112, 717.1125, 717.113, 717.115, 717.116, 717.117, 717.119 FS.

New 6-23-91, Amended 8-29-94, 1-28-97, 4-16-02, Formerly 3D-20.040, Amended 4-20-16, Formerly 69I-20.040.