Idaho State Statutes - Idaho Attorney Directory

(1) The
administrator shall establish, maintain and update at least quarterly a
current list of all reported owners of abandoned property on a website that is
connected to or that may be accessed from the website maintained by the state
tax commission. At least one (1) week before each quarterly website posting of
such list, the administrator shall publish a notice in the official newspaper
of each Idaho county stating when and where the quarterly website listing of
Idaho abandoned property will be accessible to citizens. Provided however, the
names and addresses of owners located in a state which will receive the
accounts because of reciprocal agreements as permitted by section 14-535,
Idaho Code, need not be listed.
(2) The list maintained by the administrator must contain:
(a) The names, in alphabetical order, of persons listed in any report of
abandoned property filed with the administrator and entitled to notice;
(b) A statement that information concerning the property may be obtained
by any person possessing an interest in the property by addressing an
inquiry to the administrator;
(c) A statement that the property is in the custody of the administrator
and all claims must be directed to the administrator; and
(d) A statement that the property shall escheat to the state of Idaho and
become the property of the state of Idaho if not claimed within ten (10)
years after it is received by the administrator.
(3) The administrator is not required to list any items of less than one
hundred dollars ($100) unless the administrator considers the inclusion of
such property in the list to be in the public interest.
(4) This section is not applicable to sums payable on traveler's checks,
money orders, and other written instruments presumed abandoned under section
14-504, Idaho Code.

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