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2013 Mississippi Code
Title 89 - REAL AND PERSONAL PROPERTY
Chapter 12 - UNIFORM DISPOSITION OF UNCLAIMED PROPERTY ACT
§ 89-12-15 - Presumed abandonment of intangible personal property held in ordinary course of holder's business


MS Code § 89-12-15 (2013) What's This?

All intangible personal property not otherwise covered by the provisions of this chapter, including any income or increment thereon and deducting any charges that may have accrued, that is held in the ordinary course of the holder's business and has remained unclaimed by the owner for more than five (5) years after it became payable or distributable shall be presumed abandoned.

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