Section 34.45.260. Contents of safe deposit box or other safekeeping repository.

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All tangible and intangible personal property held in a safe deposit box or other safekeeping repository in a financial organization in the state in the ordinary course of the holder's business, and proceeds resulting from the sale of the property permitted by other law, that remain unclaimed by the owner for more than one year after the lease or rental period on the box or other repository has expired, are presumed abandoned.

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History

(Sec. 11 ch 133 SLA 1986)

                    
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