Source: https://nebraskalegislature.gov/laws/display_html.php?begin_section=69-1301&end_section=69-1332
Timestamp: 2019-03-23 20:37:59
Document Index: 189291751

Matched Legal Cases: ['§ 3', '§ 2', '§ 5', '§ 4', '§ 3', '§ 6', '§ 2', '§ 3', '§ 2', '§ 3', '§ 1', '§ 6', '§ 8', '§ 7', '§ 9', '§ 10', '§ 11', '§ 4', '§ 5', '§ 2', '§ 2', '§ 3', '§ 8', '§ 12', '§ 4', '§ 9', '§ 10', '§ 4', '§ 13', '§ 415', '§ 6', '§ 3', '§ 11', '§ 1', '§ 5', '§ 1', '§ 12', '§ 6', '§ 13', '§ 14', '§ 14', '§ 15', '§ 15', '§ 17', '§ 2', '§ 7', '§ 1', '§ 2', '§ 17', '§ 8', '§ 1', '§ 63', '§ 67', '§ 1', '§ 4', '§ 1', '§ 1', '§ 18', '§ 3', '§ 1', '§ 19', '§ 20', '§ 110', '§ 21', '§ 18', '§ 23', '§ 24', '§ 135', '§ 20', '§ 25', '§ 26', '§ 1', '§ 27', '§ 28', '§ 29', '§ 21', '§ 9', '§ 5', '§ 5', '§ 2', '§ 4', '§ 1', '§ 2', '§ 3']

69-1303. Unclaimed funds held and owing by a life insurance corporation; presumed abandoned; when.
(a) Unclaimed funds, as defined in this section, held and owing by a life insurance corporation shall be presumed abandoned if the last-known address, according to the records of the corporation, of the person entitled to the funds is within this state. If a person other than the insured or annuitant is entitled to the funds and no address of such person is known to the corporation or if it is not definite and certain from the records of the corporation what person is entitled to the funds, it is presumed that the last-known address of the person entitled to the funds is the same as the last-known address of the insured or annuitant according to the records of the corporation.
(b) Unclaimed funds, as used in this section, means all money held and owing by any life insurance corporation unclaimed and unpaid for more than five years after the money became due and payable as established from the records of the corporation under any life or endowment insurance policy or annuity contract which has matured or terminated. A life insurance policy not matured by actual proof of the death of the insured is deemed to be matured and the proceeds thereof are deemed to be due and payable if such policy was in force when the insured attained the limiting age under the mortality table on which the reserve is based, unless the person appearing entitled thereto has within the preceding five years, (1) assigned, readjusted, or paid premiums on the policy, or subjected the policy to loan, or (2) corresponded in writing with the life insurance corporation concerning the policy. Money otherwise payable according to the records of the corporation are deemed due and payable although the policy or contract has not been surrendered as required.
Source:Laws 1969, c. 611, § 3, p. 2480; Laws 1977, LB 305, § 2; Laws 1992, Third Spec. Sess., LB 26, § 5.
69-1304. Funds held or owing by any utility; presumed abandoned; when.
(a) Any deposit made by a subscriber with a utility to secure payment for, or any sum paid in advance for, utility services to be furnished in this state, less any lawful deductions, that has remained unclaimed by the person appearing on the records of the utility entitled thereto for more than three years after the termination of the services for which the deposit or advance payment was made.
(b) Any sum which a utility has been ordered to refund and which was received for utility services rendered in this state, together with any interest thereon, less any lawful deductions, that has remained unclaimed by the person appearing on the records of the utility entitled thereto for more than three years after the date it became payable in accordance with the final determination or order providing for the refund.
Source:Laws 1969, c. 611, § 4, p. 2481; Laws 1977, LB 305, § 3; Laws 1992, Third Spec. Sess., LB 26, § 6.
69-1305.01. Stock or other intangible ownership interest; applicability of act; conditions.
The Uniform Disposition of Unclaimed Property Act does not apply to any stock or other intangible ownership interest enrolled in a plan that provides for the automatic reinvestment of dividends, distributions, or other sums payable as a result of the interest unless:
(a) The records available to the administrator of the plan show, with respect to any intangible ownership interest not enrolled in the reinvestment plan, that the owner has not within five years communicated in any manner described in subdivision (a)(1) of section 69-1305; or
(b) Five years have elapsed since the location of the owner became unknown to the business association as evidenced by the return of official shareholder notifications or communications by the postal service as undeliverable and the owner has not within those five years communicated in any manner described in subdivision (a)(1) of section 69-1305. The five-year period from the return of official shareholder notifications or communications shall commence from the return of the notification or communication.
Source:Laws 1994, LB 1048, § 2.
69-1305.02. Credit memo; presumed abandoned; when.
A credit memo that remains unredeemed for more than three years after issuance is presumed abandoned and the amount presumed abandoned is the amount credited, as shown on the memo itself.
Source:Laws 1994, LB 1048, § 3; Laws 2006, LB 173, § 2.
69-1305.03. Gift certificate or gift card; presumed abandoned; when.
Source:Laws 2006, LB 173, § 3; Laws 2008, LB668, § 1.
69-1306. Intangible personal property distributable in voluntary dissolution; presumed abandoned; when.
All intangible personal property distributable in the course of a voluntary dissolution of a business association, banking organization, or financial organization organized under the laws of or created in this state, that is unclaimed by the owner within two years after the date for distribution, is presumed abandoned.
Source:Laws 1969, c. 611, § 6, p. 2482; Laws 1992, Third Spec. Sess., LB 26, § 8.
69-1307. Intangible personal property and increment held in a fiduciary capacity; presumed abandoned; when.
All intangible personal property and any income or increment thereon, held in a fiduciary capacity for the benefit of another person is presumed abandoned unless the owner has, within five years after it becomes payable or distributable, increased or decreased the principal, accepted payment of principal or income, corresponded in writing concerning the property, or otherwise indicated an interest as evidenced by a memorandum on file with the fiduciary:
(a) If the property is held by a banking organization or a financial organization, or by a business association organized under the laws of or created in this state; or
(b) If it is held by a business association, doing business in this state, but not organized under the laws of or created in this state, and the records of the business association indicate that the last-known address of the person entitled thereto is in this state; or
(c) If it is held in this state by any other person.
Source:Laws 1969, c. 611, § 7, p. 2482; Laws 1992, Third Spec. Sess., LB 26, § 9.
69-1307.01. Intangible personal property held by court, public entities, or political subdivision; presumed abandoned; when.
Except as otherwise provided by law, all intangible personal property held for the owner by any court, public corporation, public authority, or public officer of this state, or a political subdivision thereof, that has remained unclaimed by the owner for more than three years is presumed abandoned.
Source:Laws 1992, Third Spec. Sess., LB 26, § 10.
69-1307.02. Unpaid wages; presumed abandoned; when.
Source:Laws 1992, Third Spec. Sess., LB 26, § 11.
69-1307.03. Retirement funds; presumed abandoned; when.
All intangible property and any income or increment derived therefrom held in an individual retirement account, a retirement plan for self-employed individuals, or similar account or plan established pursuant to the internal revenue laws of the United States, which has not been paid or distributed for more than thirty days after the earliest of the following: (a) The actual date of distribution or attempted distribution; (b) the date contracted for distribution in the plan or trust agreement governing the account or plan; or (c) the date specified in the internal revenue law of the United States by which distribution must begin in order to avoid a tax penalty, is presumed abandoned unless the owner or beneficiary within the five years preceding any such date has made additional payments or transfers of property to the account or plan, was paid or received a distribution, communicated concerning the property, or otherwise indicated an interest as evidenced by a memorandum or other record on file with the account or plan fiduciary.
Source:Laws 1994, LB 1048, § 4.
69-1307.04. Mineral rights and proceeds; presumed abandoned; when.
Source:Laws 1994, LB 1048, § 5.
69-1307.05. Intangible personal property held by life insurance corporation; presumed abandoned; when.
All intangible personal property distributable in the course of a demutualization or related reorganization of a life insurance corporation that remains unclaimed is presumed abandoned two years after the date of the distribution of the property.
Source:Laws 2003, LB 424, § 2.
69-1307.06. Military medal; report and delivery to State Treasurer.
Any military medal that is removed from a safe deposit box or any other safekeeping repository or agency or collateral deposit box on which the lease or rental period has expired due to nonpayment of rental charges or other reasons shall not be sold or otherwise disposed of but shall be retained by the holder for the lessee of the box until reported and delivered to the State Treasurer in accordance with this section. Such report shall be made in compliance with section 69-1310. The holder shall, at the time of filing the report and with the report, deliver the military medal to the State Treasurer for safekeeping by the State Treasurer in accordance with section 69-1307.07.
Source:Laws 2012, LB819, § 2.
69-1307.07. Military medals; State Treasurer; duties.
The State Treasurer, upon receiving military medals, shall hold and maintain the military medals for ten years or until the original owner or the owners' respective heirs or beneficiaries can be identified and the military medals returned. After ten years, the State Treasurer may designate a veteran's organization, an awarding agency, or a governmental entity as the custodian of the military medals. Once the military medals are turned over to a veteran's organization, an awarding agency, or a governmental entity, the State Treasurer will no longer be responsible for the safekeeping of the military medals.
Source:Laws 2012, LB819, § 3.
69-1308. Other intangible property; general-use prepaid card; presumed abandoned; when.
(a) Except as provided in subsection (b) of this section, all intangible personal property, not otherwise covered by the Uniform Disposition of Unclaimed Property Act, including any income or increment thereon after deducting any lawful charges, that is held or owing in this state in the ordinary course of the holder's business and has remained unclaimed by the owner for more than five years after it became payable or distributable, is presumed abandoned.
(b) The unredeemed value of a general-use prepaid card, including any income or increment thereon after deducting any lawful charges, that is held or owing in this state in the ordinary course of the holder's business and has remained unclaimed by the owner for more than five years after the last transaction initiated by the card owner, is presumed abandoned.
Source:Laws 1969, c. 611, § 8, p. 2483; Laws 1992, Third Spec. Sess., LB 26, § 12; Laws 2006, LB 173, § 4.
69-1309. Owner in another state; property not presumed abandoned; when.
If specific property which is subject to the provisions of sections 69-1302 and 69-1305 to 69-1308 is held for or owed or distributable to an owner whose last-known address is in another state by a holder who is subjected to the jurisdiction of that state, the specific property is not presumed abandoned in this state and subject to sections 69-1301 to 69-1329 if:
(b) The laws of such other state make reciprocal provision that similar specific property is not presumed abandoned or escheatable by such other state when held for or owed or distributable to an owner whose last-known address is within this state by a holder who is subject to the jurisdiction of this state.
Source:Laws 1969, c. 611, § 9, p. 2483.
69-1310. Property presumed abandoned; reports to State Treasurer; contents; filing date; property accompany report; prevent abandonment, when; verification.
Source:Laws 1969, c. 611, § 10, p. 2483; Laws 1977, LB 305, § 4; Laws 1992, Third Spec. Sess., LB 26, § 13; Laws 1993, LB 121, § 415; Laws 1994, LB 1048, § 6; Laws 2003, LB 424, § 3.
69-1311. Report of property presumed abandoned; notices; time; contents; exceptions.
(a) Between March 1 and March 10 of each year the State Treasurer shall cause notice to be published once in an English language legal newspaper of general circulation in the county in this state in which is located the last-known address of any person to be named in the notice. If no address is known, then the notice shall be published in a legal newspaper having statewide circulation.
(b) The published notice shall be entitled Notice to Owners of Abandoned Property, and shall contain:
(1) The names in alphabetical order and counties of last-known addresses, if any, of persons listed in the report and entitled to notice as provided in subsection (a) of this section.
(2) A statement that information concerning the amount or description of the property and the name and address of the holder may be obtained by any person possessing an interest in the property by addressing an inquiry to the State Treasurer.
(c) The State Treasurer is not required to publish in such notice any item of less than twenty-five dollars unless he or she deems such publication to be in the public interest.
(d) Within one hundred twenty days from the receipt of the report required by section 69-1310, the State Treasurer shall mail a notice to each person having an address listed therein who appears to be entitled to property of the value of twenty-five dollars or more presumed abandoned under the Uniform Disposition of Unclaimed Property Act.
(1) A statement that, according to a report filed with the State Treasurer, property is being held to which the addressee appears entitled.
(3) A statement that, if satisfactory proof of claim is presented by the owner to the State Treasurer, arrangements will be made to transfer the property to the owner as provided by law.
(f) This section is not applicable to sums payable on traveler's checks or money orders presumed abandoned under section 69-1302.
Source:Laws 1969, c. 611, § 11, p. 2485; Laws 1971, LB 648, § 1; Laws 1977, LB 305, § 5; Laws 2005, LB 476, § 1.
69-1312. Delivery of property to State Treasurer; exceptions.
Every person who has filed a report under section 69-1310, or in the case of sums payable on traveler's checks or money orders presumed abandoned under section 69-1302, shall pay or deliver to the State Treasurer all abandoned property specified in this report, except that, if the owner establishes his right to receive the abandoned property to the satisfaction of the holder within the time specified in section 69-1311, or if it appears that for some other reason the presumption of abandonment is erroneous, the holder need not pay or deliver the property, which will no longer be presumed abandoned, to the State Treasurer, but in lieu thereof shall file a verified written explanation of the proof of claim or of the error in the presumption of abandonment.
Source:Laws 1969, c. 611, § 12, p. 2486; Laws 1977, LB 305, § 6.
69-1313. Property; delivery to State Treasurer; custodian; holder relieved of liability; reimbursement.
Upon the payment or delivery of abandoned property to the State Treasurer or upon payment or delivery of property to the State Treasurer pursuant to section 69-1321, the state shall assume custody and shall be responsible for the safekeeping thereof. Any person who pays or delivers abandoned property to the State Treasurer under the Uniform Disposition of Unclaimed Property Act or who pays or delivers property to the State Treasurer pursuant to section 69-1321 is relieved of all liability to the extent of the value of the property so paid or delivered for any claim which then exists or which thereafter may arise or be made in respect to the property. Any holder who has paid money to the State Treasurer pursuant to the act may make payment to any person appearing to such holder to be entitled thereto, and upon proof of such payment and proof that the payee was entitled thereto, the State Treasurer shall forthwith reimburse the holder for the payment.
Source:Laws 1969, c. 611, § 13, p. 2487; Laws 1992, Third Spec. Sess., LB 26, § 14.
State Treasurer, credit to the State Treasurer Administrative Fund, see section 84-617.
69-1314. Property paid or delivered to State Treasurer; owner not entitled to income.
When property is paid or delivered to the State Treasurer under sections 69-1301 to 69-1329, the owner is not entitled to receive income or other increments accruing thereafter.
Source:Laws 1969, c. 611, § 14, p. 2487.
69-1315. Limitation of action; claim; effect.
(a) The expiration of any period of time specified by statute or court order, during which an action or proceeding may be commenced or enforced to obtain payment of a claim for money or recovery of property, shall not prevent the money or property from being presumed abandoned property, nor affect any duty to file a report required by the Uniform Disposition of Unclaimed Property Act or to pay or deliver abandoned property to the State Treasurer. Holders shall not be required to report or to pay or to deliver abandoned property or unclaimed funds as to which the statute of limitations applicable to the enforcement of any claim to such property shall have expired prior to December 25, 1969.
(b) No action or proceeding may be commenced by the State Treasurer with respect to any duty of a holder under the act more than seven years after the holder files a report for the period in which the duty arose. This subsection shall not apply to holders described in section 69-1307.01.
Source:Laws 1969, c. 611, § 15, p. 2487; Laws 1992, Third Spec. Sess., LB 26, § 15.
69-1317. Abandoned property; trust funds; record; professional finder's fee; information withheld; when; proceeds of sale; transfers; Unclaimed Property Cash Fund; created; investment.
(a)(1) Except as otherwise provided in this subdivision, all funds received under the Uniform Disposition of Unclaimed Property Act, including the proceeds from the sale of abandoned property under section 69-1316, shall be deposited by the State Treasurer in a separate trust fund from which he or she shall make prompt payment of claims allowed pursuant to the act and payment of any auditing expenses associated with the receipt of abandoned property. All funds received under section 69-1307.05 shall be deposited by the State Treasurer in a separate life insurance corporation demutualization trust fund, which is hereby created, from which he or she shall make prompt payment of claims regarding such funds allowed pursuant to the act. Transfers from the separate life insurance corporation demutualization trust fund to the General Fund may be made at the direction of the Legislature. Before making the deposit he or she shall record the name and last-known address of each person appearing from the holders' reports to be entitled to the abandoned property, the name and last-known address of each insured person or annuitant, and with respect to each policy or contract listed in the report of a life insurance corporation, its number, the name of the corporation, and the amount due. The record shall be available for public inspection during business hours.
The record shall not be subject to public inspection or available for copying, reproduction, or scrutiny by commercial or professional locators of property presumed abandoned who charge any service or finders' fee until twenty-four months after the names from the holders' reports have been published or officially disclosed. Records concerning the social security number, date of birth, and last-known address of an owner shall be treated as confidential and subject to the same confidentiality as tax return information held by the Department of Revenue, except that the Auditor of Public Accounts shall have unrestricted access to such records.
A professional finders' fee shall be limited to ten percent of the total dollar amount of the property presumed abandoned. To claim any such fee, the finder shall disclose to the owner the nature, location, and value of the property, provide notice of when such property was reported to the State Treasurer, and provide notice that the property may be claimed by the owner from the State Treasurer free of charge. To claim any such fee if the property has not yet been abandoned, the finder shall disclose to the owner the nature, location, and value of the property, provide notice of when such property will be reported to the State Treasurer, if known, and provide notice that, upon receipt of the property by the State Treasurer, such property may be claimed by the owner from the State Treasurer free of charge.
(2) The unclaimed property records of the State Treasurer, the unclaimed property reports of holders, and the information derived by an unclaimed property examination or audit of the records of a person or otherwise obtained by or communicated to the State Treasurer may be withheld from the public. Any record or information that may be withheld under the laws of this state or of the United States when in the possession of such a person may be withheld when revealed or delivered to the State Treasurer. Any record or information that is withheld under any law of another state when in the possession of that other state may be withheld when revealed or delivered by the other state to the State Treasurer.
Information withheld from the general public concerning any aspect of unclaimed property shall only be disclosed to an apparent owner of the property or to the escheat, unclaimed, or abandoned property administrators or officials of another state if that other state accords substantially reciprocal privileges to the State Treasurer.
(b)(1) On or after October 6, 1992, the State Treasurer shall periodically transfer any balance in excess of an amount not to exceed five hundred thousand dollars from the separate trust fund to the General Fund no less frequently than on or before November 1 and May 1 of each year, except that the total amount of all such transfers shall not exceed five million dollars.
(2) On or before November 1 of each year, the State Treasurer shall transfer any balance in excess of an amount not to exceed five hundred thousand dollars from the separate trust fund to the permanent school fund.
(c) Before making any deposit to the credit of the permanent school fund or the General Fund, the State Treasurer may deduct (1) any costs in connection with sale of abandoned property, (2) any costs of mailing and publication in connection with any abandoned property, and (3) reasonable service charges and place such funds in the Unclaimed Property Cash Fund which is hereby created. Transfers from the fund to the General Fund may be made at the direction of the Legislature. Any money in the Unclaimed Property Cash Fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.
Source:Laws 1969, c. 611, § 17, p. 2488; Laws 1971, LB 648, § 2; Laws 1977, LB 305, § 7; Laws 1978, LB 754, § 1; Laws 1986, LB 212, § 2; Laws 1992, Third Spec. Sess., LB 26, § 17; Laws 1994, LB 1048, § 8; Laws 1994, LB 1049, § 1; Laws 1994, LB 1066, § 63; Laws 1995, LB 7, § 67; Laws 1997, LB 57, § 1; Laws 2003, LB 424, § 4; Laws 2009, LB432, § 1; Laws 2012, LB1026, § 1.
69-1318. Person claiming interest in property delivered to state; claim; filing.
Any person claiming an interest in any property delivered to the state under sections 24-345, and 69-1301 to 69-1329 may file a claim thereto or to the proceeds from the sale thereof on the form prescribed by the State Treasurer.
Source:Laws 1969, c. 611, § 18, p. 2489; Laws 1980, LB 572, § 3.
69-1318.01. Payment with respect to support order obligor authorized.
The State Treasurer may make payment on a claim filed under the Uniform Disposition of Unclaimed Property Act by a person who is not the owner of the property, or by a legal representative of such person, when the owner is an obligor, as defined in section 43-3341, and the person filing the claim is an obligee, as defined in such section. Such payments shall only be made to credit an arrearage of an obligor.
Source:Laws 2006, LB 771, § 1.
69-1319. Claim; hearing; decision; payment.
(a) The State Treasurer shall consider any claim filed under sections 69-1301 to 69-1329 and may hold a hearing and receive evidence concerning it. If a hearing is held he shall prepare a finding and a decision in writing on each claim filed, stating the substance of any evidence heard by him and the reasons for his decision. The decision shall be a public record.
(b) If the claim is allowed, the State Treasurer shall make payment forthwith. The claim shall be paid without deduction for costs of notices or sale or for service charges.
Source:Laws 1969, c. 611, § 19, p. 2489.
69-1320. Claim; appeal; procedure.
Any person aggrieved by a decision of the State Treasurer or as to whose claim the State Treasurer has failed to act within ninety days after the filing of the claim may appeal, and the appeal shall be in accordance with the Administrative Procedure Act.
Source:Laws 1969, c. 611, § 20, p. 2489; Laws 1988, LB 352, § 110.
69-1321. Abandoned property; State Treasurer; decline to accept; when; other payments or delivery authorized.
Source:Laws 1969, c. 611, § 21, p. 2489; Laws 1992, Third Spec. Sess., LB 26, § 18.
69-1323. Refusal to deliver property; action to enforce delivery.
If any person refuses to deliver property to the State Treasurer as required under sections 69-1301 to 69-1329, he shall bring an action in a court of appropriate jurisdiction to enforce such delivery.
Source:Laws 1969, c. 611, § 23, p. 2490.
69-1324. Failing to render report or refusing to pay or deliver property; penalty.
Source:Laws 1969, c. 611, § 24, p. 2490; Laws 1977, LB 39, § 135; Laws 1992, Third Spec. Sess., LB 26, § 20.
69-1325. State Treasurer; rules and regulations; adopt.
The State Treasurer is hereby authorized to make necessary rules and regulations to carry out the provisions of sections 69-1301 to 69-1329.
Source:Laws 1969, c. 611, § 25, p. 2490.
69-1326. Property exempt from act.
Sections 69-1301 to 69-1329 shall not apply to any property that has been presumed abandoned or escheated under the laws of another state prior to December 25, 1969.
Source:Laws 1969, c. 611, § 26, p. 2490; Laws 1978, LB 859, § 1.
69-1327. Act, severability.
If any provision of sections 69-1301 to 69-1329 or the application thereof to any person or circumstances is held invalid, the invalidity shall not affect other provisions or applications of the act which can be given effect without the invalid provision or application, and to this end the provisions of sections 69-1301 to 69-1329 are severable.
Source:Laws 1969, c. 611, § 27, p. 2490.
69-1328. Act, how construed.
Sections 69-1301 to 69-1329 shall be so construed as to effectuate their general purpose to make uniform the law of those states which enact them.
Source:Laws 1969, c. 611, § 28, p. 2490.
69-1329. Act, how cited.
Sections 69-1301 to 69-1329 shall be known and may be cited as the Uniform Disposition of Unclaimed Property Act.
Source:Laws 1969, c. 611, § 29, p. 2490; Laws 1992, Third Spec. Sess., LB 26, § 21; Laws 1994, LB 1048, § 9; Laws 2003, LB 424, § 5; Laws 2006, LB 173, § 5; Laws 2006, LB 771, § 2; Laws 2012, LB819, § 4.
69-1330. Certain unclaimed property; disposition.
Any property that shall come into the possession of the county sheriff of any county by virtue of his or her office, the disposition of which is not otherwise provided for by law, and which appears to be abandoned or unclaimed, may be sold at auction or disposed of as provided in sections 69-1330 to 69-1332.
Source:Laws 1981, LB 280, § 1.
69-1331. Unclaimed property; sale; disposal; procedure.
If the property described in section 69-1330 shall remain unclaimed for a period of not less than one hundred eighty days, the county sheriff may sell such property at auction. Prior to such sale the county sheriff shall cause a list of all property subject to sale to be published once a week for three consecutive weeks in a newspaper of general circulation in the county in which he or she holds office. If such property is not bid upon at sale, or the county sheriff reasonably believes that such property has little or no sale value, he or she may dispose of such property. Before the county sheriff may dispose of such property he or she shall submit a plan for disposing of such property to the county board for its approval. Upon the approval of the board, the county sheriff may dispose of such property in the manner approved and shall be exempt from any civil liability for such action.
Source:Laws 1981, LB 280, § 2.
69-1332. Unclaimed property; sale proceeds; disposition.
The county sheriff shall pay over to the county treasurer the proceeds of any sale authorized by sections 69-1330 to 69-1332, less the reasonable expenses of such sale. The county treasurer shall hold such proceeds for a period of two years from the date of sale. If at the end of such period no person has presented a lawful claim to the proceeds of such sale, the county treasurer shall deposit such proceeds, including any interest thereon, to the general fund of the county and any claims thereon shall be extinguished.
Source:Laws 1981, LB 280, § 3.