Delaware § 1149 Contents of notice by holder

Delaware Statutes

§ 1149 — Contents of notice by holder

Delaware·Title 12·Part Descent and Distribution; Escheat·Ch. 11 ESCHEATS·Subch. Unclaimed Property

(a)The notice under § 1148 of this title must contain a heading that reads as follows: “Notice. The State of Delaware requires us to notify you that your property will be transferred to the custody of the State Escheator if you do not contact us before [insert date that is 30 days after the date of this notice.]”

(b)The notice under § 1148 of this title must do all of the following:

(1)State that the property will be turned over to the State Escheator.

(2)State that after the property is turned over to the State Escheator an owner that seeks return of the property may file a claim.

(3)Identify the nature and, except for property that does not have a fixed value, the value of the property that is the subject of the notice.

(4)State that property that is not legal tender of the U

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(a) The notice under § 1148 of this title must contain a heading that reads as follows:

“Notice. The State of Delaware requires us to notify you that your property will be transferred to the custody of the State Escheator if you do not contact us before [insert date that is 30 days after the date of this notice.]”

(b) The notice under § 1148 of this title must do all of the following:

(1) State that the property will be turned over to the State Escheator.

(2) State that after the property is turned over to the State Escheator an owner that seeks return of the property may file a claim.

(3) Identify the nature and, except for property that does not have a fixed value, the value of the property that is the subject of the notice.

(4) State that property that is not legal tender of the United States may be sold by the State Escheator.

(5) Provide instructions that the owner must follow to prevent the holder from reporting and paying or delivering the property to the State Escheator.

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