RIGHTS IN PERSONALTY Construction of article

Definitions. When property held, issued, or owing in ordinary course of holder’s business presumed abandoned. Conditions under which intangible property subject to custody of state as unclaimed property. When sums payable on traveler’s checks or money orders deemed abandoned; conditions under which same may be subjected to custody of state as unclaimed property. When instruments on which banking or financial organization directly liable presumed abandoned; service charges. When certain deposits or other interests in banking or financial organization presumed abandoned. When fund under life or endowment insurance policy or annuity contract presumed abandoned. When funds held or owing by utility presumed abandoned. When unclaimed court ordered refund from business association presumed abandoned. When undistributed dividends and distributions of business associations presumed abandoned; when intangible interest in business associations presumed abandoned. When unclaimed property distributed in course of dissolution or liquidation of a person presumed abandoned. When intangible property held in fiduciary capacity for benefit of another, and income derived therefrom, presumed abandoned. Sec.