2017 Indiana Code
TITLE 32. Property
ARTICLE 34. LOST OR UNCLAIMED PERSONAL PROPERTY
CHAPTER 7. Transfer of Property Interests in Silk Screens
32-34-7-6. Notice to customer of transfer; requisites

     Sec. 6. (a) After the three (3) year period specified in section 5 of this chapter has expired, a silk screen maker or silk screen user may choose to have all rights, title, and interest in any silk screen transferred to the silk screen maker or silk screen user for purposes of destruction. A silk screen maker or silk screen user seeking a transfer under this subsection must send written notice by registered mail, return receipt requested, to:

(1) the customer's address as set out in any written agreement between the silk screen maker or silk screen user and the customer; and

(2) the customer's last known address;

indicating that the silk screen maker or silk screen user intends to terminate the customer's rights, title, and interest by having all the rights, title, and interest transferred to the silk screen maker or silk screen user under this chapter.

     (b) If a customer:

(1) does not take possession of the particular silk screen within ninety (90) days after the date on which the notice was sent under subsection (a); or

(2) does not make other contractual arrangements with the silk screen maker or silk screen user for taking possession or for storage of the silk screen;

all rights, title, and interest of the customer to the silk screen transfer by operation of this chapter to the silk screen maker or silk screen user for the purpose of destruction. The silk screen maker or silk screen user may then destroy the silk screen.

[Pre-2002 Recodification Citations: 32-9-7-3; 32-9-7-4.]

As added by P.L.2-2002, SEC.19.