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Laws and Regulations (Washington Unclaimed Property)
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State law protects unclaimed property until it can be returned. There is no time limit for filing a claim and rightful owners or their heirs can claim property reported since 1955. The state may auction the content of safe deposit boxes, however, if not claimed within five years.
Chapter 63.29 RCW: Uniform Unclaimed Property Act
63.29.010 Definitions and use of terms.
63.29.020 Property presumed abandoned -- General rule -- Exceptions.
63.29.030 General rules for taking custody of intangible unclaimed property.
63.29.040 Travelers checks and money orders.
63.29.050 Checks, drafts, and similar instruments issued or certified by banking and financial organizations.
63.29.060 Bank deposits and funds in financial organizations.
63.29.070 Funds owing under life insurance policies.
63.29.080 Deposits held by utilities.
63.29.090 Refunds held by business associations.
63.29.100 Stock and other intangible interests in business associations.
63.29.110 Property of business associations held in course of dissolution.
63.29.120 Property held by agents and fiduciaries.
63.29.130 Property held by courts and public agencies.
63.29.133 Property held by landlord.
63.29.135 Abandoned intangible property held by local government.
63.29.140 Gift certificates and credit memos.
63.29.150 Wages.
63.29.160 Contents of safe deposit box or other safekeeping repository.
63.29.165 Property in self-storage facility.
63.29.170 Report of abandoned property.
63.29.180 Notice and publication of information about unclaimed property.
63.29.190 Payment or delivery of abandoned property.
63.29.200 Custody by state -- Holder relieved from liability -- Reimbursement of holder paying claim -- Reclaiming for owner -- Defense of holder -- Payment of safe deposit box or repository charges.
63.29.210 Crediting of dividends, interest, or increments to owner's account.
63.29.220 Public sale of abandoned property.
63.29.230 Deposit of funds.
63.29.240 Filing of claim with department.
63.29.250 Claim of another state to recover property -- Procedure.
63.29.260 Action to establish claim.
63.29.270 Election to take payment or delivery.
63.29.280 Destruction or disposition of property having insubstantial commercial value -- Immunity from liability.
63.29.290 Periods of limitation.
63.29.300 Requests for reports and examination of records.
63.29.310 Retention of records.
63.29.320 Enforcement.
63.29.330 Interstate agreements and cooperation -- Joint and reciprocal actions with other states.
63.29.340 Interest and penalties.
63.29.350 Penalty for excessive fee for locating abandoned property.
63.29.360 Foreign transactions.
63.29.370 Rules.
63.29.380 Information and records confidential.
63.29.900 Effect of new provisions -- Clarification of application.
63.29.901 Captions not law -- 1983 c 179.
63.29.902 Uniformity of application and construction.
63.29.903 Short title.
63.29.904 Severability -- 1983 c 179.
63.29.905 Effective date -- 1983 c 179.
63.29.906 Effective date -- 1996 c 45.
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Added: Fri Jun 16 2006
Last Modified: Fri Jul 21 2006
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