Section 892-2-1-.01 - Purpose (Alabama Administrative Code)

§ 892-2-1-.01. Purpose

These rules establish general instructions and guidelines for the administration of the Alabama Unclaimed Property Program and requirements specific to businesses and the general public as mandated by law. Holder reporting requirements and Apparent Owner or Claimant claim requirements are also governed by the Uniform Disposition of Unclaimed Property Act of 2004, Section 35-12-70, et seq., Code of Ala. 1975, as amended.

(Adopted by Alabama Administrative Monthly Volume XXXIII, Issue No. 04, January 30, 2015, eff. February 3, 2015.)

Author: Ralph Ainsworth, Unclaimed Property Division, Office of State Treasurer

Statutory Authority: Code of Ala. 1975, § 35-12-20, et seq.

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