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Iowa Code § 556.16

Periods of limitation not a bar

Known as the Uniform Disposition of Unclaimed Property Act

The act spans §§ 556–556 (37 sections).

[C71, 73, 75, 77, 79, 81, §556.16]

The expiration of any period of time specified by statute or court order, during which an action or proceeding may be commenced or enforced to obtain payment of a claim for money or recovery of property, shall not prevent the money or property from being presumed abandoned property, nor affect any duty to file a report required by this chapter or to pay or deliver abandoned property to the state treasurer.

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.