§ 43-41B-19 — Notice and publication of names of persons appearing to be owners of unclaimed property.

South Dakota § 43-41B-19

• Jurisdiction: South Dakota
• Title 43: PROPERTY
• Ch. 43-41A: UNIFORM UNCLAIMED PROPERTY ACT

Text

(a) The administrator shall cause a notice to be published at least once in a newspaper of general circulation in the county of this state in which is located the last known address of any person to be named in the notice. If no address is listed or the address is outside this state, the notice must be published in the county in which the holder of the property has its principal place of business within this state. (b) The published notice must be entitled "Notice of Names of Persons Appearing to be Owners of Unclaimed Property" and contain: (1) The names in alphabetical order and the last known city and state of residence, if any, of persons listed in the report and entitled to notice within the county as specified in subsection (a); (2) A statement that information concerning the property and the name and last known address of the holder may be obtained by any person possessing an interest in the property by addressing an inquiry to the administrator; and (3) A statement that if proof of claim is not presented by the owner and the owner's right to receive the property must be established to the administrator's satisfaction to whom all claims must be directed. (c) The administrator is not required to publish in the notice any items of less than one hundred twenty-five dollars unless the administrator considers their publication to be in the public interest. (d) This section is not applicable to sums payable on travelers checks, money orders, and other written instruments presumed abandoned under § 43-41B-4 .

Legislative History

SL 1992, ch 312, § 18; SL 2012, ch 209, § 10; SL 2019, ch 194, § 3.