§ 34-24-130 — Periods of limitation

(a) The expiration, before or after the effective date of
this act, of any period of time specified by contract, statute
or court order, during which a claim for money or property can
be made or during which an action or proceeding may be commenced
or enforced to obtain payment of a claim for money or to recover
property, does not prevent the money or property from being
deemed abandoned or affect any duty to file a report or to pay
or deliver abandoned property to the administrator as required
by this act.
(b) No action or proceeding may be commenced by the
administrator against any holder concerning any provision of
this act more than ten (10) years after the holder either
specifically reported the property, or gave notice of a dispute
regarding the property, to the administrator.