§ 447.585 — Another state may recover property from state of Missouri, when.

Missouri § 447.585

• Jurisdiction: Missouri
• Title XXIX: OWNERSHIP AND CONVEYANCE OF PROPERTY
• Ch. 447: Lost and Unclaimed Property

Text

1.  At any time after property has been paid for or delivered to the state under the provisions of sections 447.500 to 447.595 , another state is entitled to recover the property if:

(1)  The last known address of the apparent owner of the property appearing on the records of the holder is in such other state and, under the laws of that state, the property has escheated to that state;

(2)  The property is the sum payable on a traveler's check, money order, or other similar instrument that escheated to this state and the traveler's check, money order, or other similar instrument was in fact purchased in such other state, and, under the laws of that state, the property escheated to that state; or

(3)  The property is funds held or owing by a life insurance corporation that escheated to this state pursuant to sections 447.500 to 447.595 , the last known address of the person entitled to the funds was in fact in such other state, and, under the laws of that state, the property escheated to that state.

2.  The claim of another state to recover escheated property under the provisions of this section shall be presented in writing to the treasurer, who shall treat the claim as if it were filed under section 447.562 .

Legislative History

(L. 1984 H.B. 1088 § 29, A.L. 1993 H.B. 566, A.L. 1994 S.B. 757) Effective 7-01-94