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Section 43-41B-17 - Contents of safe deposit box or other safekeeping repository.

43-41B-17. Contents of safe deposit box or other safekeeping repository. Any tangible and intangible property held in a safe deposit box or any other safekeeping repository or agency or collateral deposit box in this state in the ordinary course of the holder's business and proceeds resulting from the sale of the property permitted by other law, which remain unclaimed by the owner for more than five years after the lease or rental period on the box or other repository has expired, are presumed abandoned.

Source: SL 1992, ch 312, § 16; SL 1993, ch 326, § 3.

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