Illinois Compiled Statutes 765 ILCS 1025 Uniform Disposition of Unclaimed Property Act. Section 13

    (765 ILCS 1025/13) (from Ch. 141, par. 113)

    Sec. 13. Every person who has filed a report as provided by Section 11 shall deliver to the State Treasurer all abandoned property specified in the annual report on the same date that the annual report is filed. Costs for communicating with owners by mail as required by subsection (e) of Section 11 may be deducted from the property specified in the report. Any such person, who pursuant to a statutory requirement, filed a bond or bonds pertaining to such abandoned property with the State Treasurer or his predecessor, may also deduct an amount equivalent to that part of the bond premium attributable to such abandoned property.

(Source: P.A. 90-167, eff. 7-23-97; 91-16, eff. 7-1-99.)

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Last modified: February 18, 2015