Image for Regulation §§ 20.2010-1

Regulation §§ 20.2010-1

Regulation §§ 20.2010-1 outlines the procedures for dealing with unclaimed property, such as money or valuables held by a company or organization. It details how these entities should report, handle, and deliver unclaimed property to the state after a certain period. The regulation ensures that owners can eventually recover their property, and provides guidelines for the proper management and reporting by holders of such property, promoting transparency and protecting property rights.