(a) During the 2016 calendar year and every second year thereafter, the Treasurer shall cause notice to be posted electronically on the Treasurer's Internet web site of all property having a value of fifty dollars or more reported and transferred to the Treasurer which was presumed abandoned during preceding calendar years and notice of which was not previously published or posted. In addition to such posted notice, the Treasurer may make such notice accessible to the public electronically through additional telecommunications methods as the Treasurer deems cost effective and appropriate.

(b) The posted notice required under subsection (a) of this section shall contain: (1) The names, in alphabetical order, and the last-known addresses, if any, of all persons reported as the apparent owners of unclaimed property, and (2) a statement that any person possessing an interest in such property may obtain from the Treasurer information concerning the amount and description of such property and the name and address of the holder thereof free of charge. The Treasurer may cause to be posted at any time, in the manner prescribed in subsection (a) of this section, an additional notice stating that such list may be obtained from other specified sources.

(c) The Treasurer may insert in any such notice such additional information as the Treasurer deems necessary for the proper administration of this part.

(d) The provisions of this section shall not apply to items reported in the aggregate pursuant to subsection (h) of section 3-65a.

(1961, P.A. 540, S. 11; 1963, P.A. 114, S. 2; P.A. 91-114, S. 2; P.A. 97-212, S. 4, 5; June 30 Sp. Sess. P.A. 03-1, S. 77; June Sp. Sess. P.A. 15-5, S. 421.)

History: 1963 act added Subsec. (d); P.A. 91-114 amended Subsec. (a) to increase the level for publication from a value of $25 to a value of $50; P.A. 97-212 amended Subsec. (a) to change publication requirement from one year to every two years, added permission to make notice electronically available to public and Subsec. (b) to permit additional notice re sources of list, effective June 24, 1997; June 30 Sp. Sess. P.A. 03-1 amended Subsec. (a) by replacing “the preceding two calendar years” with “preceding calendar years”, adding provision re notice not previously published and making technical changes and amended Subsecs. (b) and (c) by making technical changes, effective August 16, 2003; June Sp. Sess. P.A. 15-5 amended Subsec. (a) to change “1998” to “2016”, replace references to publishing notice in newspaper with references to posting notice electronically on the Treasurer's Internet web site and delete reference to electronic notice on Internet's world wide web as an additional means of notice and amended Subsec. (b) to change references from published to posted re notice and make a technical change, effective July 1, 2015.