Sec. 18. (a) A holder of property presumed abandoned and subject to the custody of the attorney general must report in an electronic record to the attorney general concerning the property. The attorney general may not require a holder to file a paper report. (b) A holder may contract with a third party to make the report required under subsection (a). (c) Whether or not a holder contracts with a third party under subsection (b), the holder is responsible: (1) to the attorney general for the complete, accurate, and timely reporting of property presumed abandoned; and (2) for paying or delivering to the attorney general property described in the report.
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.