™Your Policy Risk Impact Agent
25 chapters · 359 sections in this title.
28 V.I.C. § 651 Short title
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This chapter may be cited as the Virgin Islands Uniform Unclaimed Property Act.
28 V.I.C. § 652 Definitions
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(1) As used in this chapter:(1) “Administrator” means the Lieutenant Governor of the Virgin Islands.(2) “Apparent owner” means a person whose name appears on the records of a holder as the person entitled to property held, issued, or owing by the holder.(3) “Business association”…
28 V.I.C. § 653 Presumptions of abandonment
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(a) Property is presumed abandoned if it is unclaimed by the apparent owner during the time set forth below for the particular property:(1) traveler's check, 15 years after issuance;(2) money order, seven years after issuance;(3) stock or other equity interest in a business assoc…
28 V.I.C. § 654 Contents of safe deposit box or other safekeeping depository
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Tangible property held in a safe deposit box or other safekeeping depository in the Virgin Islands in the ordinary course of the holder's business and proceeds resulting from the sale of the property permitted by other law, are presumed abandoned if the property remains unclaimed…
