Ill. Admin. Code tit. 74 § 722.710
Current through Register Vol. 48, No. 50, December 13, 2024
An ABLE account will be presumed abandoned according to the unclaimed property law of the state of the last known address of the designated beneficiary. If the last known address of the designated beneficiary is in Illinois, the provisions of the Revised Uniform Unclaimed Property Act [765 ILCS 1026] shall apply. If there is no last known address of the designated beneficiary in the records of the Treasurer, pursuant to federal common law the provisions of the Revised Uniform Unclaimed Property Act shall apply.
Ill. Admin. Code tit. 74, § 722.710