Title XLVI, Lost Property; Strays

I. Intangible property and any income or increment derived therefrom held in a fiduciary capacity for the benefit of another person is presumed abandoned unless the owner, within 5 years after it has become payable or distributable, has increased or decreased the principal, accep…

I. Notwithstanding any other provisions of law to the contrary, all noncontraband abandoned or lost personal property which has a value of $250 or more and which has been held in a police department or sheriff's office property room for a period of at least 180 days, or which has…

I. Notwithstanding any other provisions of law to the contrary, an airport director or designee may dispose of all noncontraband abandoned or lost property that has been held in an airport property room for a period of 180 days and not claimed by the owner. If the owner is unknow…

Notwithstanding any other law to the contrary, all noncontraband abandoned or lost property having a value of less than $250 which has been held in a state agency storage room for a period of at least 60 days may be disposed of by the state agency after the agency has made a good…

Intangible property held for the owner by a court, state or other government, governmental subdivision or agency, public corporation, or public authority which remains unclaimed by the owner for more than 3 years after becoming payable or distributable is presumed abandoned.

Notwithstanding any law to the contrary: I. [Repealed.] II. A court which is holding lost, abandoned, or unclaimed property subject to this chapter may dispose of it in accordance with procedures established by the supreme court.

Notwithstanding any law to the contrary, gift certificates of $250 or less, and store credits that were issued for store merchandise credit, regardless of when issued, shall not be property presumed abandoned and shall not be subject to RSA 471-C or any other past or present law.…

Unpaid wages, including wages represented by un-presented payroll checks, owing in the ordinary course of the holder's business which remain unclaimed by the owner for more than one year after becoming payable are presumed abandoned.

All tangible and intangible property held in a safe deposit box or any other safekeeping repository 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 m…

I. A person holding property, tangible or intangible, presumed abandoned and subject to custody as unclaimed property under this chapter shall report to the administrator concerning the property as provided in this section. Reports containing 20 or more items shall be remitted in…

I. Except as otherwise provided in this chapter, all intangible property, including any income or increment derived from it, less any lawful charges, that is held, issued, or owing in the ordinary course of a holder's business and has remained unclaimed by the owner for more than…

I. Notwithstanding RSA 471-C, a person who repairs, alters, treats, or improves personal property in the ordinary course of his business pursuant to an express or implied contract with an owner of the personal property may, upon compliance with the notice requirement under paragr…

I. The administrator shall publish a notice not later than November 30 of the year next following the year in which abandoned property has been paid or delivered to the administrator or as required by RSA 471-C:19 at least once a week for 2 consecutive weeks in a newspaper of gen…

I. A person who is required to file a report under RSA 471-C:19 shall pay or deliver to the administrator all abandoned property required to be reported at the time of filing the report except as otherwise provided in RSA 471-C:8, II and IV. II, III. [Repealed.] IV. The holder of…

I. Upon the payment or delivery of property to the administrator, the state assumes custody and responsibility for the safekeeping of the property. A person who pays or delivers property to the administrator in good faith is relieved of all liability to the extent of the value of…

Whenever property other than money is paid or delivered to the administrator under this chapter, the owner is entitled to receive from the administrator any dividends, interest, or other increments realized or accruing on the property at or before liquidation or conversion thereo…

I. Except as provided in paragraphs II and III, the administrator, within one year after the receipt of abandoned property, shall sell it to the highest bidder at public sale in whatever city in the state affords in the judgment of the administrator the most favorable market for …

I. Except as otherwise provided by this section, the administrator shall promptly deposit in the general fund of this state all funds received under this chapter, including the proceeds from the sale of abandoned property under RSA 471-C:24; provided, however, that in the case of…

I. (a) A person, excluding another state, claiming an interest in any property paid or delivered to the administrator may file with the administrator a claim on a form prescribed by the administrator and verified by the claimant. (b) A person claiming an abandoned utility deposit…

I. At any time after property has been paid or delivered to the administrator under this chapter, another state may recover the property if: (a) The property was subjected to custody by this state because the records of the holder did not reflect the last known address of the app…

A person aggrieved by a decision of the administrator or whose claim has not been acted upon within 90 days after its filing may bring an action to establish the claim in the Merrimack county superior court, naming the administrator as a defendant. The action must be brought with…

I. The administrator may decline to receive any property reported under this chapter which the administrator considers to have a value less than the expense of giving notice and of sale. If the administrator elects not to receive custody of the property, the holder shall be notif…

Unless otherwise provided, intangible property is subject to the custody of this state as unclaimed property if the conditions raising a presumption of abandonment under RSA 471-C:2 or RSA 471-C:5-18 are satisfied and: I. The last known address, as shown on the records of the hol…

Any person who disposes of property in accordance with this chapter shall not be liable for damages to the owner of such disposed property.

I. Within 36 months after the close of the state's fiscal year in which any property presumed abandoned under this chapter is paid or delivered to the administrator, if no claim for the property has been made and established by any person, not including another state, entitled to…

I. As used in this section, "appropriate county treasurer" means the treasurer of the county where the holder was located at the time the property under this chapter was delivered to the administrator under RSA 471-C:21. II. Following completion of the proceedings specified in RS…

For periods after January 1, 1985, any owner who comes forward to make a claim for assets which have escheated to the state or counties may petition for payment of those assets. Upon receiving sufficient proof of the validity of such owner claim , the administrator shall pay such…

If the administrator determines after investigation that any property delivered under this chapter has insubstantial commercial value, the administrator may destroy or otherwise dispose of the property at any time. No action or proceeding may be maintained against the state or an…

I. The expiration, before or after January 1, 1987, of any period of time specified by contract, statute, or court order, during which a claim for money or property can be made or during which an action or proceeding may be enforced to obtain payment of a claim for money or to re…

I. The administrator may require any person who has not filed a report to file a verified report stating whether or not the person is holding any unclaimed property reportable or deliverable under this chapter. II. The administrator, at reasonable times and upon reasonable notice…

I. Every holder required to file a report under RSA 471-C:19, as to any property for which it has obtained the last known address of the owner, shall maintain a record of the name and last known address of the owner for 10 years after the property becomes reportable, except to th…

The administrator may bring an action on behalf of the state in the superior court for Merrimack county or in any federal court with jurisdiction to enforce this chapter.

I. The administrator may enter into agreements with other states to exchange information needed to enable this or another state to audit or otherwise determine unclaimed property that it or another state may be entitled to subject to a claim of custody. The administrator, by rule…

I. A person who fails to pay or deliver property within the time prescribed by this chapter may be assessed interest by the administrator at the annual rate of 18 percent on the property or value thereof from the date the property should have been paid or delivered, or $25, which…

I. All agreements to pay compensation to locate, deliver, recover, or assist in the recovery of property reported under RSA 471-C:19, made within 24 months after the date payment or delivery is made under RSA 471-C:21, are unenforceable. II. An agreement to pay compensation to re…

I. Subject to paragraph IV, any sum payable on a travelers check that has been outstanding for more than 15 years after its issuance is presumed abandoned unless the owner, within 15 years, has communicated in writing with the issuer concerning it or otherwise indicated an intere…

This chapter does not apply to any property held, due and owing in a foreign country, and arising out of foreign transactions.

I. This chapter does not relieve a holder of a duty that arose before January 1, 1987, to report, pay, or deliver property. A holder who did not comply with the law in effect before January 1, 1987, shall be subject to the applicable enforcement and penalty provisions that then e…

The administrator may adopt rules, pursuant to RSA 541-A, necessary to carry out the provisions of this chapter.

If any provision of this chapter or the application thereof to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of this chapter which can be given effect without the invalid provision or application, and to this end the …

I. In this section, "United States savings bond" means property, tangible or intangible, in the form of a savings bond issued by the United States treasury whether in paper form, electronic, or paperless form, along with all proceeds thereof. II. Notwithstanding any other provisi…

I. Any sum payable on a check, draft, or similar instrument, except those subject to RSA 471-C:4 on which a banking or financial organization is directly liable, including a cashier's check and a certified check, which has been outstanding for more than 5 years after it was payab…

I. Any demand, savings, or matured time deposit with a banking or financial organization, including a deposit that is automatically renewable, and any funds paid toward the purchase of a share, a mutual investment certificate, or other interest in a banking or financial organizat…

I. Funds held or owing under any life or endowment insurance policy or annuity contract that has matured or terminated are presumed abandoned if unclaimed for more than 5 years after the funds became due and payable as established from the records of the insurance company holding…

Unclaimed property payable or distributable in the course of a demutualization, rehabilitation, or related reorganization of a mutual insurance company is presumed abandoned 2 years after the date of demutualization, unless the owner, during the 2 years following the date of demu…

I. A deposit, including any interest thereon, made by a subscriber with a utility to secure payment or any sum paid for utility services less any lawful deductions, that is due and owing but remains unclaimed by the owner for more than one year after termination of the services f…