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ARTICLE 1.5. UNCLAIMED PROPERTY Rule 1. Definitions 10 IAC 1.511 Applicability Authority: IC 3234152 Affected: IC 32341 Sec. 1. The definitions in the Unclaimed Property Act and in this rule apply
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10 iac 15 unclaimed refers to the Illinois Uniform Disposition of Unclaimed Property Act, which requires businesses to report and remit unclaimed property to the state.
Businesses and organizations holding unclaimed property are required to file 10 iac 15 unclaimed.
To fill out 10 iac 15 unclaimed, businesses need to gather information on unclaimed property, complete the required forms, and submit them to the appropriate state authority.
The purpose of 10 iac 15 unclaimed is to reunite unclaimed property with its rightful owners and prevent businesses from keeping assets that do not belong to them.
Businesses must report information such as the nature of the property, the owner's last known address, and any other relevant details.
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