§ 1171 — Examination to determine compliance with chapter [For application of this section, see 84 Del. Laws, c. 368, § 16]

The State Escheator, at reasonable times and on reasonable notice, may do any of the following:

(1) Examine the records of a person or the records in the possession of an agent, representative, subsidiary, or affiliate of the person under examination in order to determine whether the person complied with this chapter. Such records may include information to verify the completeness or accuracy of the records provided, even if such records may not identify property reportable to the State.

(2) Take testimony of a person, including the person’s employee, agent, representative, subsidiary, or affiliate, to determine whether the person complied with this chapter.

(3) Issue an administrative subpoena to require that the records specified in paragraph (1) of this section be made available for examination and that the testimony specified in paragraph (2) of this section be provided.

(4) Bring an action in the Court of Chancery seeking enforcement of an administrative subpoena issued under paragraph (3) of this section, which the Court shall consider under procedures that will lead to an expeditious resolution of the action.

(5) Send, or direct a person to send, owner notice in accordance with § 1148 of this title, or for items identified under § 1172(e) of this title in conjunction with estimation, extrapolation, and statistical sampling, send, or direct a person to send, owner notice in a format substantially similar to notices provided under § 1148 of this title.

Legislative History

67 Del. Laws, c. 267, § 2 ; 70 Del. Laws, c. 186, § 1 ; 77 Del. Laws, c. 417, § 4 ; 80 Del. Laws, c. 2, § 1 ; 80 Del. Laws, c. 114, § 1 ; 81 Del. Laws, c. 1, § 2 ; 83 Del. Laws, c. 59, § 13 ; 84 Del. Laws, c. 368, § 12