Illinois Statutes
§ 15-804 — Administrator holds property as custodian for owner
Illinois·Topic RIGHTS AND REMEDIES·Ch. 765 PROPERTY·Act 765 ILCS 1026/ Revised Uniform Unclaimed Property Act.·Art. Title 15 - Revised Uniform Unclaimed Property Act
Upon the payment or delivery of abandoned property to the administrator, the State shall assume custody and shall be responsible for the safekeeping thereof in perpetuity unless otherwise claimed for the benefit of the owner or the owner's successors in interest.
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Legislative History
(Source: P.A. 103-148, eff. 6-30-23.)
Nearby Sections
15
§ 15
§ 15§ 15-1001
Verified report of property§ 15-1002.2
§ 15-1002.2§ 15-1003
Rules for conducting examination§ 15-1004
Records obtained in examination§ 15-101
Short title§ 15-1010
Report by administrator§ 15-1011
§ 15-1011