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Indiana Code Title 32. Property § 32-34-1.5-62

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 62. (a) Not later than three (3) months after the end of the fiscal year, the attorney general shall compile and submit a report to the treasurer of state.  The report must contain the following information about property presumed abandoned for the preceding fiscal year for the state:

(1) The total amount and value of all property paid or delivered under this act to the attorney general, separated into the following:

(A) The part voluntarily paid and delivered.

(B) The part paid or delivered as a result of an examination under section 53 of this chapter, separated into the following:

(i) The part received as a result of an examination conducted by a state employee.

(ii) The part received as a result of an examination conducted by a contractor under section 60 of this chapter.

(2) The name of and amount paid to each contractor under section 60 of this chapter and the percentage of the total compensation paid to all contractors under section 60 of this chapter bears to the total amount paid or delivered to the attorney general as a result of all examinations performed under section 60 of this chapter.

(3) The total amount and value of all property paid or delivered by the attorney general to persons that made claims for property held by the attorney general under this chapter and the percentage the total payments made and value of property delivered to claimants bears to the total amounts paid and value delivered to the attorney general.

(4) The total amount of claims made by persons claiming to be owners which were denied, were allowed, and are pending.

(b) The report under subsection (a) is a public record subject to public disclosure without redaction under IC 5-14-3.

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Cite this article: FindLaw.com - Indiana Code Title 32. Property § 32-34-1.5-62 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-32-property/in-code-sect-32-34-1-5-62/

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