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Can you summarize HIRS Chapter 523A, Part I?
Unclaimed Property > Uniform Unclaimed Property Act Section
Short Summary
The provided legal document content pertains to the definitions section of the Uniform Unclaimed Property Act Section. It defines various terms used in the act, including ‘Administrator’, ‘Apparent owner’, ‘Business association’, ‘Domicile’, ‘Financial organization’, ‘Holder’, ‘Insurance company’, ‘Mineral’, ‘Mineral proceeds’, ‘Money order’, ‘Owner’, ‘Person’, ‘Property’, ‘Record’, ‘State’, and ‘Utility’. The definitions clarify the meaning of these terms within the context of the act. The document applies to individuals and entities holding unclaimed property. It does not mention any specific exemptions or penalties for non-compliance. The purpose of this section is to provide clear and precise definitions to ensure consistent interpretation and application of the Uniform Unclaimed Property Act.
Whom does it apply to?
The document applies to individuals and entities holding unclaimed property.
What does it govern?
The legal document content pertains to the definitions section of the Uniform Unclaimed Property Act Section. It defines various terms used in the act, including 'Administrator', 'Apparent owner', 'Business association', 'Domicile', 'Financial organization', 'Holder', 'Insurance company', 'Mineral', 'Mineral proceeds', 'Money order', 'Owner', 'Person', 'Property', 'Record', 'State', and 'Utility'. The definitions clarify the meaning of these terms within the context of the act.
What are exemptions?
It does not mention any specific exemptions.
What are the Penalties?
No specific penalties for non-compliance or violation of the act are mentioned.
Jurisdiction
Hawaii