Nevada Administrative Code
Chapter 120A - Disposition of Unclaimed Property
MISCELLANEOUS PROVISIONS
Section 120A.070 - Safety deposit boxes: Presumption of abandonment; sealing and opening
Universal Citation: NV Admin Code 120A.070
Current through September 16, 2024
A safety deposit box that has no lease or rental fee and is provided to the owner as a condition of a specific amount being deposited with the banking or financial organization shall be presumed abandoned at the same time as the account for which it was provided. The safety deposit box must be sealed at the time of filing Forms UP-1 and UP-2 and be opened when remittance is due.
Dep't of Commerce, Unclaimed Property Reg. § 8, eff. 8-6-80
NRS 120A.140
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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