The treasurer, after receiving reports of property deemed abandoned pursuant to the provisions of this chapter, may decline to receive any property reported which he deems to have a value less than the cost of giving notice, or he may, if he deems it desirable because of the small sum involved, postpone taking possession until a sufficient sum accumulates. Unless the holder of the property is notified to the contrary within thirty (30) days after filing the report required under Section 89-12-23, the treasurer shall be deemed to have elected to receive the custody of the property.
Miss. Code Ann. § 89-12-43
Treasurer may decline to receive property presumed abandoned
Known as the Uniform Disposition of Unclaimed Property Act
The act spans §§ 89–89 (33 sections).
Laws, 1982, ch. 497, § 22, eff from and after July 1, 1982.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.