CHAPTER 471-C CUSTODY AND ESCHEAT OF UNCLAIMED AND ABANDONED PROPERTY
Section 471-C:20
471-C:20 Notice and Publication of Lists of Abandoned Property. –
I. The administrator shall publish a notice not later than November 30 of the year next following the year in which abandoned property has been paid or delivered to the administrator or as required by RSA 471-C:19 at least once a week for 2 consecutive weeks in a newspaper of general circulation in the county of this state in which is located the last known address of any person to be named in the notice. If no address is listed or the address is outside this state, the notice must be published in the county in which the holder of the property has its principal place of business within this state.
II. The published notice shall be entitled "Notice of Names of Persons Appearing to be Owners of Abandoned Property" and shall contain:
(a) The names in alphabetical order and last known address, if any, of persons listed in the report and entitled to notice within the county as specified in paragraph I.
(b) A statement that information concerning the property and the name and last known address of the holder may be obtained by any person possessing an interest in the property by addressing an inquiry to the administrator.
(c) [Repealed.]
III. The administrator is not required to publish in the notice any items of less than $50 unless the administrator considers their publication to be in the public interest.
IV. Not later than November 30 of the year next following the year in which abandoned property has been paid or delivered to the administrator as required by RSA 471-C:19, the administrator shall mail a notice to each person whose last known address is listed in the report and who appears to be entitled to property of the value of $50 or more presumed abandoned under this chapter and any beneficiary of an insurance policy or annuity contract for whom the administrator has a last known address.
V. The mailed notice must contain:
(a) A statement that, according to a report filed with the administrator, property is being held to which the addressee appears entitled;
(b) The name and last known address of the person holding the property and any necessary information regarding the changes of name and last known address of the holder; and
(c) A statement that, if satisfactory proof of claim is not presented by the owner to the holder by the date specified in the published notice, the property will be placed in the custody of the administrator and all further claims must be directed to the administrator.
VI. This section is not applicable to sums payable on travelers checks, money orders, and other written instruments presumed abandoned under RSA 471-C:4.
VII. Any information or records required to be furnished to the division of abandoned property shall be confidential except as is otherwise necessary in the proper administration of this chapter. Notwithstanding any other provision of law, any identifying information set forth in any report, record, claim, or other document submitted to the treasurer pursuant to this chapter concerning unclaimed or abandoned property is a confidential record and shall be made available for public examination or copying only in the discretion of the treasurer or the treasurer's designee.
Source. 1986, 204:1. 1990, 105:4-6, 16, II. 1995; 295:13, 14. 1999, 212:2, 3. 2008, 120:29, eff. Aug. 2, 2008.