2005 Connecticut Code - Sec. 4-58. Disposition of unclaimed property in custody of heads of state institutions.
Sec. 4-58. Disposition of unclaimed property in custody of heads of state institutions. (a) Notwithstanding the provisions of chapter 859 and except as provided in
subsection (b) of this section, any unclaimed article of jewelry or any accumulation of
such articles or valuables in the custody of the administrative head of any state institution
shall be retained by such administrative head for a period of three years, during which
period he shall make every reasonable effort to return each such article to its owner. At
the end of said period such administrative head may sell or otherwise dispose of such
article with the approval of the governing board of such institution. Any revenue derived
from the sale of any such articles shall be credited to the "institutional general welfare
fund" of the institution in which they were found and, if from any institution not having
such a fund, shall be paid to the State Treasurer and credited to the General Fund of
the state.
(1949 Rev., S. 303, 304; P.A. 97-26.)
History: P.A. 97-26 designated existing provisions as Subsec. (a) and added Subsec. (b) re the disposition by the Department of Correction of unclaimed inmate property.
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