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Arkansas Code Title 18. Property § 18-28-209. Notice and publication of lists of abandoned property

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) The administrator shall publish a notice by November 30 of the next year following the year in which abandoned property has been paid or delivered to the administrator.

(b)(1) The notice must be published in a newspaper of general circulation in each county of this state.

(2) The notice shall:

(A) Be in a form that, in the judgment of the administrator, is likely to attract the attention of the potential owners of the unclaimed property;

(B) Contain:

(i) A statement explaining that the property the administrator is holding is presumed to be abandoned and has been taken into the protective custody of the administrator; and

(ii) A statement explaining that additional information concerning the property may be obtained by consulting one (1) or more of the following:

(a) The internet address of the administrator's official website;

(b) The telephone number for the administrator's office; and

(c) Posting of a notice at the county courthouse; and

(C) Contain a statement that information about the property and its return to the owner is available to a person having a legal or beneficial interest in the property, upon request to the administrator.

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Cite this article: FindLaw.com - Arkansas Code Title 18. Property § 18-28-209. Notice and publication of lists of abandoned property - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-18-property/ar-code-sect-18-28-209/

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