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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) All tangible personal property or intangible personal property, including choses in action in amounts certain, and all debts owed or entrusted funds or other property held by the federal government, or any federal agency, or any officer, or appointee thereof, shall be presumed abandoned in this state if the last known address of the owner of the property is in this state and the property has remained unclaimed for five (5) years.
(2) This section shall apply to all abandoned property held by the federal government, or any federal agency, or any officer, or any appointee thereof, on July 1, 1991, or at any time thereafter, regardless of when such property became presumptively abandoned.
Cite this article: FindLaw.com - Mississippi Code Title 89. Real and Personal Property § 89-12-16 - last updated January 01, 2025 | https://codes.findlaw.com/ms/title-89-real-and-personal-property/ms-code-sect-89-12-16/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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