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2021 Wisconsin Statutes & Annotations
Chapter 177 - Uniform unclaimed property act.
177.0205 - When contents of safe deposit box presumed abandoned.
Universal Citation: WI Stat § 177.0205 (2021)
177.0205 When contents of safe deposit box presumed abandoned. Tangible property held in a safe deposit box and proceeds from a sale of the property by the holder permitted by law of this state other than this chapter are presumed abandoned if the property remains unclaimed by the apparent owner 5 years after the earliest of the following:
(1) The expiration of the lease or rental period for the box.
(2) The earliest date when the lessor of the box is authorized by contract or law of this state other than this chapter to enter the box and remove or dispose of the contents without consent or authorization of the lessee.
History: 2021 a. 87.
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