Intangible personal property held by life insurance corporation; presumed abandoned; when.

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69-1307.05. Intangible personal property held by life insurance corporation; presumed abandoned; when.

All intangible personal property distributable in the course of a demutualization or related reorganization of a life insurance corporation that remains unclaimed is presumed abandoned two years after the date of the distribution of the property.

Source

  • Laws 2003, LB 424, § 2.


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