44-309 - Arizona Statutes

44-309. Notice and publication of abandoned property A. The department shall publish a notice at least semiannually with a toll free telephone number and directing the public to the department's web site regarding abandoned property that has been paid or delivered to the department. The department shall cause the notice to be published in a newspaper of general circulation in each county. The department shall ensure that the notice is in a form that in the judgment of the department is likely to attract the attention of the apparent owner of the unclaimed property. The department's web site shall contain all of the following information not later than November 30 of the year after the year in which abandoned property has been paid or delivered to the department: 1. The name of each person that appears to be the owner of the property as stated in the report filed by the holder. 2. The last known address or location of each person that appears to be the owner of the property, if an address or location is stated in the report filed by the holder. 3. A statement that explains that the property of the owner is presumed abandoned and is in the protective custody of the department. 4. A statement that on request to the department information about the property and its return to the owner is available to a person who has a legal or beneficial interest in the property. B. The department's web site is not required to contain the name, address or location of an owner of property that has a total value of less than fifty dollars or information concerning a traveler's check, money order or similar instrument.