9-8-805. Collecting institutions -- Perfecting title -- Notice.
(1) (a) Any collecting institution wishing to perfect title in any reposited materials held
by it shall send, by registered mail, a notice containing the information required by this section to
the last-known address of the last-known owner of the property.
(b) The collecting institution shall publish a notice containing the information required
by this section:
(i) if:
(A) the owner or the address of the owner of the reposited materials is unknown;
(B) the mailed notice is returned to the collecting institution without a forwarding
address; or
(C) the owner does not claim the reposited materials within 90 days after the notice was
mailed; and
(ii) (A) by publication at least once per week for two consecutive weeks in a newspaper
of general circulation in the county where the collection institution is located; and
(B) by publication in accordance with Section 45-1-101 for two weeks.
(2) The notices required by this section shall include:
(a) the name, if known, and the last-known address, if any, of the last-known owner of
the reposited materials;
(b) a description of the reposited materials;
(c) the name of the collecting institution that has possession of the reposited materials
and a person within that institution whom the owner may contact; and
(d) a statement that if the reposited materials are not claimed within 90 days from the
date that the notice is published in accordance with Subsection (1)(b), the reposited materials are
considered to be abandoned and become the property of the collecting institution.
(3) If no one has claimed the reposited materials within 90 days after the date that the
notice is published in accordance with Subsection (1)(b), the reposited materials are considered
to be abandoned and are the property of the collecting institution.
Amended by Chapter 388, 2009 General Session
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Last revised: Thursday, May 28, 2009