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Codified Laws
43-41C UNCLAIMED PROPERTY HELD BY MUSEUMS OR HISTORICAL SOCIETIES
CHAPTER 43-41C

UNCLAIMED PROPERTY HELD BY MUSEUMS OR HISTORICAL SOCIETIES

43-41C-1      Property held by a museum or historical society deemed abandoned.
43-41C-2      Publication of notice of abandoned property held by a museum or historical society.
43-41C-3      Notice requirements for abandoned property held by a museum or historical society.
43-41C-4      Title to abandoned property vested in museum or historical society.



43-41C-1Property held by a museum or historical society deemed abandoned.

Any property held by a museum or historical society in the state which is held for ten years or more and to which no person has made claim is deemed to be abandoned and becomes the property of the museum or society, if the museum or society has complied with §§ 43-41C-2 and 43-41C-3.

Source: SL 1993, ch 328, § 1.



43-41C-2Publication of notice of abandoned property held by a museum or historical society.

The museum or society shall publish a notice as a display advertisement entitled "Notice of Abandoned Property Held by a Museum or Historical Society" at least once each week for two successive weeks. The notice shall be published in a legal newspaper of general circulation of any county in this state in which is located the last known address of any owner of property 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 his principal place of business within the state.

Source: SL 1993, ch 328, § 2.



43-41C-3Notice requirements for abandoned property held by a museum or historical society.

The published notice required by § 43-41C-2 shall contain:

(1)    The name and last known address, if any, of the last known owner of property;

(2)    A description of the property; and

(3)    A statement that if proof of claim is not presented by the owner to the museum or society and if the owner's right to receive the property is not established to the museum's or society's satisfaction within sixty-five days from the date of the second published notice, the property shall be deemed abandoned and shall become the property of the museum or society.

Source: SL 1993, ch 328, § 3.



43-41C-4Title to abandoned property vested in museum or historical society.

If no claim has been made to the property within sixty-five days from the date of the second published notice, title to the property vests in the museum or society, free from all claims of the owner and of all persons claiming through or under him.

Source: SL 1993, ch 328, § 4.