Content of report

765 ILCS 1026/15-402, under Report by Holder.

765 ILCS 1026/15-402

(765 ILCS 1026/15-402)

    Sec. 15-402. Content of report.     (a) The report required under Section 15-401 must:         (1) be signed by or on behalf of the holder and     verified as to its completeness and accuracy;        (2) if filed electronically, be in a secure format     approved by the administrator which protects confidential information of the apparent owner;        (3) describe the property;         (4) except for a traveler's check, money order, or     similar instrument, contain the name, if known, last-known address, if known, and Social Security number or taxpayer identification number, if known or readily ascertainable, of the apparent owner of property with a value of $5 or more;        (5) for an amount held or owing under a life or     endowment insurance policy, annuity contract, or other property where ownership vests in a beneficiary upon the death of the owner, contain the name and last-known address of the insured, annuitant, or other apparent owner of the policy or contract and of the beneficiary;        (6) for property held in or removed from a     safe-deposit box, indicate the location of the property, where it may be inspected by the administrator, and any amounts owed to the holder under Section 15-606;        (7) contain the commencement date for determining     abandonment under Article 2;        (8) state that the holder has complied with the     notice requirements of Section 15-501;        (9) identify property that is a non-freely     transferable security and explain why it is a non-freely transferable security; and        (10) contain other information the administrator     prescribes by rules.    (b) A report under Section 15-401 may include in the aggregate items valued under $5 each. If the report includes items in the aggregate valued under $5 each, the administrator may not require the holder to provide the name and address of an apparent owner of an item unless the information is necessary to verify or process a claim in progress by the apparent owner.     (c) A report under Section 15-401 may include personal information as defined in Section 15-1401(a) about the apparent owner or the apparent owner's property.     (d) If a holder has changed its name while holding property presumed abandoned or is a successor to another person that previously held the property for the apparent owner, the holder must include in the report under Section 15-401 its former name or the name of the previous holder, if any, and the known name and address of each previous holder of the property.

(Source: P.A. 100-22, eff. 1-1-18.)