The administrator may take custody of property that is presumed abandoned, whether located in this State, another state, or a foreign country if: (1) the last-known address of the apparent owner in the records of the holder is in this State; or (2) the records of the holder do not reflect the identity or last-known address of the apparent owner, but the administrator has determined that the last-known address of the apparent owner is in this State. the records of the holder is in this State; or identity or last-known address of the apparent owner, but the administrator has determined that the last-known address of the apparent owner is in this State.
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