Illinois Administrative Code
Title 74 - PUBLIC FINANCE
Part 760 - REVISED UNIFORM UNCLAIMED PROPERTY ACT
Subpart D - NOTICE TO APPARENT OWNERS BY THE ADMINISTRATOR
Section 760.520 - Newspaper Notices

Universal Citation: 74 IL Admin Code ยง 760.520

Current through Register Vol. 48, No. 38, September 20, 2024

a) At least once every 6 months, the administrator shall cause to be published in at least one English language newspaper of general circulation in each county in this State a notice concerning the unclaimed property program.

b) The newspaper notice shall include the following information:

1) the total value of property received statewide by the administrator during the preceding 6-month period;

2) the total value of claims paid by the administrator statewide during the preceding 6-month period;

3) the address of the unclaimed property website maintained by the administrator;

4) an e-mail address to contact the administrator to inquire about or claim property; and

5) a statement that computers may be available at a local public library to search for unclaimed property. [765 ILCS 1026/15-503(c)(1) ]

c) The administrator may contract with a vendor to cause to be published the required newspaper notices. A contract concerning newspaper notices may, but is not required to, be part of a more comprehensive marketing services contract or specific contract.

d) Newspaper notices may include other information at the discretion of the administrator.

e) The administrator may cause additional notices or advertisements to be published in newspapers and print publications other than the required notices. The additional notices do not need to contain the mandatory information listed in subsection (b).

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