§ 34-24-110 — Refunds and payments resulting from judicial or administrative proceedings

(a) The sum to be paid as a refund, under an order or
decision of a court or administrative agency or by agreement,
remaining unclaimed for more than six (6) months after it became
payable, is deemed abandoned, regardless of whether the apparent
owner has made any claim to the refund, unless, within the
preceding six (6) months, there has been a communication between
the apparent owner and the holder concerning that sum.
(b) Any sum payable or intangible property distributable
in the course of a voluntary or involuntary dissolution or
liquidation, remaining unclaimed for six (6) months after the
date of the final distribution or liquidation, is deemed
abandoned, unless, within the preceding six (6) months, there
has been communication between the apparent owner and the person
making the payment or distribution concerning that sum or
distribution.
(c) Intangible property payable or distributable to a
member of or participant in a class action, either one allowed
by the court to be maintained as such or one essentially handled
as a class action, and remaining unclaimed for more than six (6)
months after the time for the final payment or distribution is
deemed abandoned, unless, within the preceding six (6) months,
there has been a communication between the member or participant
and the holder concerning the property.
(d) Intangible property payable or distributable as the
result of litigation or settlement of a dispute before a
judicial or administrative body and remaining unclaimed for more
than six (6) months after the time for the final payment or
distribution is deemed abandoned, unless, within the preceding
six (6) months, there has been a communication between the
apparent owner and the holder concerning the property.
(e) The person actually making or having the duty to make
payment or distribution shall be deemed the holder for the
purpose of this section.