(a) An initial report filed under this subchapter for property that was not required to be reported before July 30, 1999, but which is subject to this subchapter must include all items of property that would have been presumed abandoned during the ten-year period next preceding July 30, 1999, as if this subchapter had been in effect during that period.
(b) This subchapter does not relieve a holder of a duty that arose before July 30, 1999, to report, pay, or deliver property. Except as otherwise provided in ยง 18-28-219(b), a holder who did not comply with the law in effect before July 30, 1999, is subject to the applicable provisions for enforcement and penalties which then existed, which are continued in effect for the purpose of this section.
Section: Previous 18-28-218 18-28-219 18-28-220 18-28-221 18-28-222 18-28-223 18-28-224 18-28-225 18-28-226 18-28-227 18-28-228 18-28-229 18-28-230 18-28-231 NextLast modified: November 15, 2016