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Can you summarize 781 IAAC Chapter 9?
Treasurer of State > UNCLAIMED PROPERTY
Short Summary
These legal documents pertain to the unclaimed property division under the Treasurer of State in Iowa. They cover various aspects related to unclaimed property, including the approved forms used by the division, definitions of terms used in relation to unclaimed property, assessment of dormancy fees and related charges, reporting and delivery of safe deposit box contents, reporting of individual retirement accounts and other retirement accounts, reporting of unused balances on gift certificates, reporting of funds held in retained asset accounts, reporting of property held in certain plans or accounts, rebuttal of presumption of abandonment for time deposits, contracts with third parties, permission to report and deliver property prior to presumption of abandonment, due diligence requirements for holders, aggregation of property with a value under $50, requirements for submitting a Holder Report Form, disposition of safe deposit box contents and tangible property, regulation of finders, documentation requirements for making claims, reimbursement from the division for unclaimed property, certification and indemnification by claimants, claims by dissolved unincorporated nonprofit associations, claims to custodial property, filing claims with the division, claims by business entities, transfer of property to other states, determination of claimant’s interest in unclaimed property, approval process for claims, payment of claims, appeal process for examination findings, contracts with persons for examination of records, and voluntary compliance self-audit program and amnesty program. These documents apply to holders of unclaimed property, claimants, contract auditors, finders, custodians, and individuals or entities involved in transactions related to unclaimed property in Iowa. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Holders of unclaimed property, claimants, contract auditors, finders, custodians
What does it govern?
Unclaimed property division under the Treasurer of State in Iowa
What are exemptions?
No specific exemptions are mentioned in these documents.
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
Iowa