The administrator may take custody of property that is presumed abandoned, whether located in this State, another state or a foreign country if:
1. Last known address in records of holder. The last known address of the apparent owner in the records of the holder is in this State; or
2. Determination by administrator. The records of the holder do not reflect the identity or last known address of the apparent owner, but the administrator has determined that the last known address of the apparent owner is in this State.