10 IAC 1.5-2-5 - Holder reimbursement

Authority: IC 32-34-1-52

Affected: IC 32-34-1-27; IC 32-34-1-29

Sec. 5.

(a) A holder who has delivered unclaimed property to the attorney general under IC 32-34-1-27 [IC 32-34-1 was repealed by P.L. 141-2021, SECTION 19, effective July 1, 2021.] and has subsequently paid an apparent owner under IC 32-34-1-29(c) [IC 32-34-1 was repealed by P.L. 141-2021, SECTION 19, effective July 1, 2021.] may request reimbursement.

(b) The attorney general shall reimburse the holder upon presentation of proof of payment, which may include, but not be limited to:

(1) copies of correspondence with the owner;

(2) copies of the negotiated check to the owner front and back copy; or

(3) an affidavit executed by an officer of the holder attesting to the facts.

Notes

10 IAC 1.5-2-5

Office of Attorney General for the State; 10 IAC 1.5-2-5; filed Jul 1, 1997, 4:15 p.m.: 20 IR 2998; errata filed Apr 17, 2003, 3:30 p.m.: 26 IR 3046; readopted filed Aug 14, 2003, 1:15 p.m.: 27 IR 946; readopted filed Oct 6, 2009, 9:03 a.m.: 20091104-IR-010090575RFA Readopted filed 10/26/2015, 1:48 p.m.: 20151125-IR-010150149RFA Readopted filed 11/10/2021, 4:13 p.m.: 20211208-IR-010210426RFA