Abandoned Property - Unclaimed Condemnation Awards - Publication of notice of abandoned property


Published: 2014-09-22

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
§ 1002. Publication of notice of abandoned property. 1. Every such
corporation shall cause to be published, on or before the first day of
November in each year, once in a newspaper of general circulation in
each county where a damaged parcel included in such report is located a
notice, approved as to form by the state comptroller, stating:

(a) That a report of all awards in condemnation proceedings unclaimed
for more than three years has been made to the state comptroller and
that a copy thereof is on file and open to public inspection, if a
public corporation at the office of the chief fiscal officer thereof; or
if not a public corporation at the principal office or place of business
of such corporation;

(b) That such awards, together with any interest due thereon and less
lawful deductions, will be paid by it on or before the succeeding
thirty-first day of January to persons establishing to its satisfaction
their right to receive the same; and

(c) That in the succeeding month of February, and on or before the
tenth day thereof, such awards, together with any interest due thereon
and less lawful deductions, still remaining will be paid to the state
comptroller and that it shall thereupon cease to be liable therefor.

2. Such corporation shall file with the state comptroller on or before
the tenth day of November proof by affidavit of such publication.