2001 Minnesota Statutes

     345.42 Notice and publication of lists of abandoned 
  property. 

    Subdivision 1.  Within the calendar year next following the 
 year in which abandoned property has been paid or delivered to 
 the commissioner, the commissioner shall cause notice to be 
 published at least once but not more than twice in an English 
 language newspaper of general circulation in the county in this 
 state in which is located the last known address of any person 
 to be named in the notice.  If no address is listed or if the 
 address is outside this state, the notice shall be published in 
 the county in which the holder of the abandoned property has a 
 principal place of business within this state. 

    Subd. 2.  The published notice shall be entitled "notice of 
 names of persons appearing to be owners of abandoned property," 
 and shall contain: 

    (a) the names in alphabetical order and last known 
 addresses, if any, of persons listed in the report and entitled 
 to notice within the county as hereinbefore specified; 

    (b) a statement explaining that property of the owner has 
 been presumed to be abandoned and has been taken into the 
 protective custody of the commissioner; and 

    (c) a statement that information about the abandoned 
 property and its return to the apparent owner may be obtained at 
 any time by a person having a legal or beneficial interest in 
 that property by making an inquiry to the commissioner. 

    The commissioner is not required to publish in such notice 
 any item of less than $100 unless the commissioner deems such 
 publication to be in the public interest. 

    Subd. 3.  Within the calendar year next following the year 
 in which abandoned property has been paid or delivered to the 
 commissioner, the commissioner may mail a notice to each person 
 having an address listed therein who appears to be entitled to 
 property of the value of $100 or more presumed abandoned under 
 sections 345.31 to 345.60.  Said notice shall contain: 

    (a) a statement that, according to a report filed with the 
 commissioner, property is being held to which the addressee 
 appears entitled; 

    (b) a statement explaining that property of the owner has 
 been presumed to be abandoned and has been taken into the 
 protective custody of the commissioner; and 

    (c) a statement that information about the abandoned 
 property and its return to the apparent owner may be obtained at 
 any time by a person having a legal or beneficial interest in 
 that property by making an inquiry to the commissioner. 

    Subd. 4.  This section is not applicable to sums payable on 
 traveler's checks or money orders presumed abandoned under 
 section 345.32. 

    HIST: 1969 c 725 s 12; 1981 c 356 s 352; 1983 c 301 s 234; 
 1985 c 251 s 12,13; 1986 c 444; 1992 c 513 art 3 s 69; 1993 c 31 
 s 2,3; 1996 c 439 art 1 s 19