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Get the free Ordinance 4455 - Unclaimed and Abandoned Intangible Personal Property Sec 23 ORD

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Agenda Item 9AGENDA ITEM SUMMARY May 17, 2016City CouncilSTAFF John Loss, Controller/Assistant Financial Officer Lisa Rosintoski, Utilities Customer Connections ManagerSUBJECT Items Relating to Updating
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Ordinance 4455 - unclaimed may be needed by individuals or entities who have unclaimed property or assets in their possession.
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Ordinance 4455 - unclaimed is a regulation that requires businesses to report and remit unclaimed property to the appropriate state authority.
Businesses, financial institutions, and other organizations are required to file ordinance 4455 - unclaimed if they are holding unclaimed property.
Ordinance 4455 - unclaimed can be filled out by providing detailed information about the unclaimed property being reported, including the owner's name, last known address, and the value of the property.
The purpose of ordinance 4455 - unclaimed is to reunite unclaimed property with its rightful owners and prevent businesses from keeping unclaimed property as profit.
Information that must be reported on ordinance 4455 - unclaimed includes the owner's name, last known address, description of the property, and the value of the property.
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