2006 Utah Code - 67-4a-402 — Publication of notice.

     67-4a-402.   Publication of notice.
     (1) In the calendar year in which the unclaimed property was paid or delivered to the administrator, the administrator shall:
     (a) cause a notice to be published once in a newspaper having general circulation in Utah;
     (b) ensure that the notice is in a form that is likely to attract the attention of the apparent owner of the unclaimed property;
     (c) unless exempted by Subsection (2), ensure that the notice contains:
     (i) the name of each person appearing to be the owner of property considered abandoned, as set forth in the report filed by the holder;
     (ii) the last-known address or location of each person appearing to be the owner of property considered abandoned, if an address or location is set forth in the report filed by the holder;
     (iii) a statement explaining that property of the owner is considered to be abandoned and has been taken into the protective custody of the administrator; and
     (iv) a statement that information about the abandoned property and its return to the apparent owner can be obtained at any time by a person having a legal interest in that property by making an inquiry to the administrator.
     (2) The administrator need not advertise:
     (a) the name and address or location of an owner of abandoned property having a total value less than $50; or
     (b) information concerning traveler's checks, money orders, and other similar written instruments considered abandoned under Section 67-4a-202.

Enacted by Chapter 198, 1995 General Session