Published notice of names of persons appearing to own property presumed abandoned; mailed notice

  1. Law
  2. Mississippi Code
  3. Real and Personal Property
  4. Uniform Disposition of Unclaimed Property Act
  5. Published notice of names of persons appearing to own property presumed abandoned; mailed notice

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  1. Within one hundred twenty (120) days from the filing of the report required by Section 89-12-23, the Treasurer shall cause notice to be published in a newspaper having general circulation in the county of this state in which is located the last-known address of any person to be named in the notice. If no address is listed or if the address is outside this state, the notice shall be published in the county in which the holder of the abandoned property has his or her principal place of business in this state.
  2. The published notice shall be entitled "Notice of names of persons appearing to be owners of abandoned property," and shall contain:
    1. The names in alphabetical order and last-known addresses, if any, of persons listed in the report and entitled to notice in the county as specified in subsection (1) of this section;
    2. A statement that information concerning the amount or description of the property and the name and address of the holder may be obtained by any persons possessing an interest in the property by addressing an inquiry to the Treasurer; and
    3. A statement that any person claiming an interest in the property must file a proof of claim with the Treasurer as set forth in Section 89-12-39.
  3. The Treasurer shall not be required to publish in the notice any item of less than One Hundred Dollars ($100.00) unless he deems publication to be in the public interest.
  4. Within one hundred twenty (120) days from the receipt of the report required by Section 89-12-23, the Treasurer shall mail a notice to each person having an address listed therein who appears to be entitled to property valued at One Hundred Dollars ($100.00) or more and presumed abandoned under the provisions of this chapter.
  5. The mailed notice shall contain:
    1. A statement that property is being held to which the addressee appears entitled;
    2. A statement that any person claiming an interest in the property must file a proof of claim with the Treasurer as set forth in Section 89-12-39.
  6. This section shall not be applicable to sums payable on traveler's checks or money orders presumed abandoned under the provisions of Section 89-12-5.


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