Current through the 2023 Legislative Sessions
Section 47-30.2-18 - (304) Holder domiciled in this state1. Except as in subsection 2 or section 47-30.2-16 or 47-30.2-17, the administrator may take custody of property presumed abandoned, whether located in this state, another state, or a foreign country, if the holder is domiciled in this state or is this state or a political subdivision, agency, or instrumentality of this state; and a. Another state or foreign country is not entitled to the property because there is no last-known address of the apparent owner or other person entitled to the property in the records of the holder; or b. The state or foreign country of the last-known address of the apparent owner or other person entitled to the property does not provide for custodial taking of the property.2. Property is not subject to custody of the administrator under subsection 1 if the property is specifically exempt from custodial taking under the law of this state or the state or foreign country of the last-known address of the apparent owner.3. If a holder's state of domicile has changed since the time property was presumed abandoned, the holder's state of domicile in this section is deemed to be the state where the holder was domiciled at the time the property was presumed abandoned.Added by S.L. 2021, ch. 337 (SB 2048),§ 17, eff. 7/1/2021.