This text of Idaho § 14-5-404 (RETENTION OF RECORDS BY HOLDER) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
A holder required to file a report under section 14-5-401, Idaho Code, shall retain records for ten (10) years after the later of the date the report was filed or the last date a timely report was due to be filed, unless a shorter period is provided by rule of the administrator. The holder may satisfy the requirement to retain records under this section through an agent. The records must contain:
(1)The information required to be included in the report;
(2)The date, place, and nature of the circumstances that gave rise to the property right;
(3)The amount or value of the property;
(4)The last address of the apparent owner, if known to the holder;
(5)Working papers documenting items considered for reporting that were not ultimately determined to represent unclaimed property, to allow e
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A holder required to file a report under section 14-5-401, Idaho Code, shall retain records for ten (10) years after the later of the date the report was filed or the last date a timely report was due to be filed, unless a shorter period is provided by rule of the administrator. The holder may satisfy the requirement to retain records under this section through an agent. The records must contain:
(1) The information required to be included in the report;
(2) The date, place, and nature of the circumstances that gave rise to the property right;
(3) The amount or value of the property;
(4) The last address of the apparent owner, if known to the holder;
(5) Working papers documenting items considered for reporting that were not ultimately determined to represent unclaimed property, to allow examination to determine whether the holder has complied with this chapter;
(6) If the holder sells, issues, or provides to others for sale or issue in this state traveler’s checks, money orders, or similar instruments, other than third-party bank checks, on which the holder is directly liable, a record of the instruments while they remain outstanding indicating the state and date of issue;
(7) Deductions for service charges incurred after the report date;
(8) Interest accruing on reportable amounts or contracts providing for the cessation of such interest; and
(9) Notices sent pursuant to section 14-5-501, Idaho Code, that have been signed by the apparent owner and returned to the holder.