2005 Idaho Code - 14-530 — REQUESTS FOR REPORTS AND EXAMINATION OF RECORDS

                                  TITLE  14
                             ESTATES OF DECEDENTS
                                  CHAPTER 5
                            UNCLAIMED PROPERTY LAW
    14-530.  REQUESTS FOR REPORTS AND EXAMINATION OF RECORDS. (1) The
administrator may require any person who has not filed a report to file a
verified report stating whether or not the person is holding any unclaimed
property reportable or deliverable under this chapter.
    (2)  The administrator, at reasonable times and upon reasonable notice,
may examine the records of any person to determine whether the person has
complied with the provisions of this chapter. The administrator may conduct
the examination even if the person believes it is not in possession of any
property reportable or deliverable under the provisions of this chapter.
    (3)  If a person is treated under section 14-512, Idaho Code, as the
holder of the property only insofar as the interest of the business
association in the property is concerned, the administrator, pursuant to
subsection (2) of this section, may examine the records of the person if the
administrator has given the notice required by subsection (2) to both the
person and the business association at least ninety (90) days before the
examination.
    (4)  If a holder fails to maintain the records required by section 14-531,
Idaho Code, and the records of the holder available for the periods subject to
this chapter and insufficient to permit the preparation of a report, the
administrator may require the holder to report and pay such amounts as may
reasonably be estimated from any available records.