Title XXIX, OWNERSHIP AND CONVEYANCE OF PROPERTY

447.010. Duty of persons finding lost money, goods. — If any person finds any money, goods, right in action, or other personal property, or valuable thing whatever, of the value of ten dollars or more, the owner of which is unknown, he shall, within ten days, make an affidavit be…

447.020. Appointment of appraisers by circuit judge. — Such judge shall then, if necessary, summon three disinterested householders to appraise the same; such appraisers, or any two of them, shall make two lists of the valuation and description of such property, money, or other v…

447.030. Appraiser's list, where filed — publication. — The judge shall file such list and the finder shall transmit a copy of the same to the clerk of the county commission within fifteen days, and shall set up at the courthouse door, and four other public places in the township…

447.040. Procedure if no owner appears, when. — If no owner appear and prove the money or property within forty days, and the value exceed twenty dollars, the finder shall, within thirty days thereafter, cause a copy of the description to be inserted in some newspaper of general …

447.050. Restoration of property, when — owner may sue, when. — If, within one year, any owner appear and prove the property, and pay all reasonable charges, the finder shall restore the same to him; and on failure to make restoration of such property, or the appraised value ther…

447.060. Failure to discover — penalty. — If any person find any money, property or other valuable thing, and fail to make discovery of the same as required by this chapter, he shall forfeit to the owner double the value thereof. ­­-------- (RSMo 1939 § 15322) Prior revisions: 19…

447.070. Goods retained until payment of charges. — When any goods, merchandise or other property shall have been received by any railroad or express company, or other common carrier, commission merchant or warehouseman, and shall not be received by the owner, consignee, or other…

447.080. Sale of unclaimed property. — If no person call for said goods, merchandise or other property, within sixty days from the receipt thereof, and pay freight and charges thereon, it shall be lawful for such carrier, commission merchant or warehouseman to sell such goods, me…

447.090. Unclaimed proceeds. — If the rightful owner or his agent fail to demand such surplus within sixty days of the time of such sale, then said surplus shall be paid into the county treasury, subject to the order of the owner. ­­-------- (RSMo 1939 § 15325) Prior revisions: 1…

447.100. Carrier's responsibility ceases, when. — After the storage of goods, merchandise or property as herein provided, the responsibility of the carrier shall cease, nor shall the person with whom the same may be stored be liable for any loss or damage on account thereof, unle…

447.110. Sale of property upon which advances are made, when. — When any commission merchant or warehouseman shall receive, on consignment, produce, merchandise or other property, and shall make advances thereon, either to the owner or for freight and charges, it shall be lawful …

447.500. Law, how cited — exceptions — purpose. — 1. Sections 447.500 to 447.595 may be cited as the "Uniform Disposition of Unclaimed Property Act". 2. Sections 447.500 to 447.595 shall be so construed as to effectuate its general purpose to make uniform the law of those states …

447.503. Definitions. — As used in sections 447.500 to 447.595, unless the context otherwise requires, the following terms mean: (1) "Banking organization", any bank, trust company, or safe deposit company, engaged in business in this state; (2) "Business association", any corpor…

447.505. Property held or owing by banking, financial organization or business presumed abandoned, when — exception. — The following property held or owing by a banking or financial organization or by a business association is presumed abandoned; provided, however, that neither t…

447.506. Imposition of charges including prepayment penalties on certificates of deposit, requirements — not to affect unclaimed property. — 1. For the purpose of sections 447.500 to 447.595, a banking organization, business association, or financial organization may impose charg…

447.510. Unclaimed funds held and owing by insurance company presumed abandoned, when — unclaimed funds defined — distribution of abandoned property, when. — 1. Unclaimed funds, as defined in this section, held and owing by an insurance corporation shall be presumed abandoned if …

447.517. Utilities, funds held or owing presumed abandoned, when. — 1. The following funds held or owing by any utility are presumed abandoned: (1) Any deposit made by a subscriber with a utility to secure payment for, or any sum paid in advance for, utility services to be furnis…

447.520. Stock, certificates and ownership — dividend profit — distribution or interest payment, held or owing by business association presumed abandoned, when. — 1. Any stock or other certificate of ownership, or any dividend, profit, distribution, interest, payment on principal…

447.527. Dissolution of business — unclaimed intangible personal property presumed abandoned, when. — All intangible personal property distributable in the course of a dissolution of a business association, banking organization, or financial organization organized under the laws …

447.530. Fiduciary holding intangible personal property for benefit of another presumed abandoned, when, exception. — All intangible personal property, and any income or increment thereon that would be due had the owner not abandoned the account, held in a fiduciary capacity for …

447.532. Courts — public corporations — public authority — officers — political subdivisions holding intangible personal property for another presumed abandoned, when. — 1. Notwithstanding the provisions of section 447.536, all intangible personal property held as of June 19, 200…

447.533. Interest, dividends or their earnings deemed unclaimed property, when. — 1. All intangible property, including but not limited to any interest, dividend, or other earnings thereon that would be due had the owner not abandoned the account, less any lawful charges, held by…

447.534. United States savings bonds deemed abandoned, when — proceeds to escheat to the state, when — filing of a claim, procedure. — 1. Notwithstanding the provisions of subsection 2 of section 447.532, section 447.533, and subsection 1 of section 447.545, United States savings…

447.535. All other intangible property presumed abandoned, when — ongoing business relationships, certain items not presumed abandoned, when. — 1. All intangible personal property, not otherwise covered by sections 447.500 to 447.595, including any income or increment thereon, an…

447.536. Abandonment period, effective when — exception for payroll checks. — Except for the abandonment period for travelers checks and money orders provided for in subdivision (3) of section 447.505; the abandonment period for dissolution of business associations, banking organ…

447.537. Owner of property in another state and holder subject to that state's jurisdiction, effect. — If specific property which is subject to the provisions of sections 447.505, 447.520, 447.527, 447.530 and 447.535 is held for or owed or distributable to an owner whose last kn…

447.539. Report to treasurer on property presumed abandoned — content — filed, when — extension of filing time — location of owner, duties — penalty — assessment, reconsideration, interest — waiver — determination of amounts, estimation. — 1. Every person holding funds or other p…

447.540. Charitable, fraternal and other federally tax-exempt entities to report and remit unclaimed property. — Entities which are exempt from federal taxation pursuant to Section 501(c)(3) of the Internal Revenue Code shall report and remit as required by this chapter. ­­------…

447.541. Notices required — publication form, content — mailed notice, requirements, content, exception — treasurer's duty. — 1. Within two hundred forty days from the due date of the report required by section 447.539, the treasurer shall cause notice to be published at least on…

447.543. Delivery of property to treasurer, when — retention of approved costs — errors of presumption, procedure — abandoned fund account established — payment of claims — records subject to public inspection, exception. — 1. Every person who has filed a report pursuant to secti…

447.545. No liability for claims by holder after delivery to state — legal actions, procedure. — 1. Upon the payment or delivery of abandoned property, the state shall assume custody and shall be responsible for the safekeeping thereof. Any person who pays or delivers abandoned p…

447.547. Law of abandoned property not applicable, when. — 1. Sections 447.500 to 447.595 shall not affect property the title to which is vested in a holder by the operation of a statute of limitations prior to August 13, 1984, nor to any property held in a fiduciary capacity tha…

447.548. Reportable periods, no enforcement after three years, when — fraudulent report, enforcement for six years. — 1. The state treasurer shall not enforce this chapter for a reportable period more than three years after the holder: (1) Filed a report with the state treasurer;…

447.549. Statute of limitations not a defense for governmental agencies in proceedings by treasurer to recover unclaimed property. — 1. The expiration of any period of time specified by law during which an action or proceeding may be commenced or enforced to secure payment of a c…

447.558. Sale of property, when — publication of notice — purchaser's title — proceeds, deposit. — 1. All abandoned property delivered to the treasurer pursuant to sections 447.500 to 447.595 shall, within two years after the delivery, be sold by the treasurer to the highest bidd…

447.559. Historical review of items by state historical society, when — fee, how determined. — All abandoned tangible personal property delivered to the treasurer pursuant to subdivision (4) of section 447.505 that has possible historical significance shall be reviewed as follows…

447.560. Record of property, content — retained for public inspection — information not public record, when — public record, when — penalty for disclosure — military medals, procedure — United States savings bonds, procedure. — 1. The treasurer shall retain a record of the name a…

447.561. Destruction or disposal of property by treasurer if of no value — no liability for state or holder. — If the treasurer determines after investigation that any property delivered under the provisions of sections 447.500 to 447.595 has insubstantial commercial value, the t…

447.562. Claim to be filed for property delivered to the state, form, procedure, penalty — claims paid by holder, reimbursed by treasurer, when, exception. — Any person claiming an interest in any moneys or property delivered to the state under sections 447.500 to 447.595 may fil…

447.565. Hearing on claims by treasurer — payment of claim, amount, no charges authorized — interest — treasurer discharged from liability — claimant accountable to person with superior right. — 1. The treasurer shall consider any claim filed pursuant to sections 447.500 to 447.5…

447.569. Appeal of treasurer's decision or failure to act, when — report filed, deemed contested case. — 1. Any claimant aggrieved by a decision of the treasurer or as to whose claim the treasurer has failed to act within ninety days after the filing of a claim shall be entitled …

447.571. Custody of property, powers of treasurer to receive or decline — failure to act, effect — postponing delivery, when, limitation. — The treasurer, after receiving reports of property deemed abandoned pursuant to sections 447.500 to 447.595, may decline to receive any prop…

447.572. Examination of records by treasurer and persons authorized, when. — The treasurer may at reasonable times and upon reasonable notice examine the records of any person if the treasurer has reason to believe that such person has failed to report property that should have b…

447.575. Enforcing delivery, court action. — If any person refuses to deliver property to the state as required under sections 447.500 to 447.595, the treasurer shall bring an action in a court of appropriate jurisdiction to enforce such delivery. ­­-------- (L. 1984 H.B. 1088 § …

447.577. Reports — payment or delivery of property, failure to make — false statements in report — penalties. — 1. Any person who intentionally fails to render any report or perform other duties required pursuant to sections 447.500 to 447.595 may be assessed a penalty of five pe…

447.579. Rules authorized. — The treasurer is hereby authorized to make necessary rules and regulations to carry out the provisions of sections 447.500 to 447.595. ­­-------- (L. 1984 H.B. 1088 § 25, A.L. 1993 H.B. 566, A.L. 1994 S.B. 757) Effective 7-01-94

447.581. Agreements to locate or reveal whereabouts of property, requirements for validity — agreements to pay or assist in recovery of property, requirements for enforceability — registration of recovery representative, requirements — suspension of registration, hearing, disclos…

447.583. Reciprocal agreements with other states — attorney general's duties, when. — 1. The treasurer may enter into reciprocal agreements with other states to provide information needed to determine what abandoned property such states may be entitled to escheat if such other st…

447.584. Agreements — property held by business entities in other states or governmental entities — treasurer, duties — fees. — The treasurer, with the approval of the governor, may enter into agreements with any person, firm or corporation to assist in the identification, collec…

447.585. Another state may recover property from state of Missouri, when. — 1. At any time after property has been paid for or delivered to the state under the provisions of sections 447.500 to 447.595, another state is entitled to recover the property if: (1) The last known addr…