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(A) The personal property shall be stored for no more than thirty (30) days at the owner's expense. (B) If the owner of the personal property does not take possession of the personal property and pay the reasonable expense of storage within the thirty (30) days, the personal property shall be considered abandoned.
Any person who finds a lost item of personal property, including any money, goods, things in action, or other personal property, is not bound to take charge of it, but if such person does take charge of it, that person shall, within a reasonable time, inform the owner, if known, and restore the property to the owner in ...
The finder who knows the owner or has reasonable means of discovering the owner's identity commits larceny if she holds on to the object with the intent that it be hers. This rule applies only if the finder actually takes the object into her possession.
Finders have no rights in mislaid property unless they are also owners of the premises where the property was found. Finders of mislaid property have a duty to turn such property over to the owner of the premises where the property was found.
Unless provided otherwise by statute, the finder of mislaid property never acquires rights to possession; it is the owner of the premises where the property is mislaid who is entitled to possession against all but the true owner.
Due diligence is written notice to the owners at their last known address informing them of property that will be reported unless they respond in a timely manner to reclaim the money from the holder. Owners must be provided at least 90 days to respond to due diligence letters before a report is filed.
Finders keepers law is a defence to a steal or larceny offence. An accused person will be acquitted of stealing/larceny if he or she, after finding and keeping lost property, fails to take all reasonable steps that ought to have been taken to locate the owner.
The fastest and most efficient way to check to see if you have unclaimed property is to search our database at ClaimItAR.com.