Property in safe deposit box or safekeeping depository
Sec. 24. If:
(1) tangible or intangible property that is held in a safe deposit
box or any other safekeeping depository in Indiana in the
ordinary course of the holder's business; or
(2) the proceeds resulting from the sale of the property
described in subdivision (1) as authorized by other law;
remain unclaimed by the owner for more than five (5) years after
expiration of the lease or rental period on the box or other
depository, the property or proceeds are presumed abandoned.
As added by P.L.2-2002, SEC.19.
Last modified: May 24, 2006