“Intangible property” defined. “Intangible property” includes:
1. Money, checks, drafts, deposits, interest, dividends and income;
2. Credit balances, customers’ overpayments, gift certificates, security deposits, refunds, credit memoranda, unpaid wages, unused airline tickets and unidentified remittances;
3. Stocks and other intangible interests in business associations;
4. Money deposited to redeem stocks, bonds, coupons and other securities or to make distributions;
5. Amounts due under the terms of insurance policies; and
6. Amounts distributable from a trust or custodial fund established under a plan to provide benefits such as health, welfare, pension, vacation, severance, retirement, death, stock purchase, profit sharing, employees’ savings, supplemental unemployment insurance or the like.
Last modified: February 27, 2006