reglab/housing_qa huggingface dataset:
765 ILCS 1026/Art. 3 heading
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

   ARTICLE 3.  RULES FOR TAKING CUSTODY OF PROPERTY PRESUMED ABANDONED  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-301
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-301. Address of apparent owner to establish priority.  In this Article, the following rules apply:(1) The last-known address of an apparent owner is     any description, code, or other indication of the location of the apparent owner which identifies the state, even if the description, code, or indication of location is not sufficient to direct the delivery of first-class United States mail to the apparent owner.(2) If the United States postal zip code associated     with the apparent owner is for a post office located in this State, this State is deemed to be the state of the last-known address of the apparent owner unless other records associated with the apparent owner specifically identify the physical address of the apparent owner to be in another state.(3) If the address under paragraph (2) is in another     state, the other state is deemed to be the state of the last-known address of the apparent owner.(4) The address of the apparent owner of a life or     endowment insurance policy or annuity contract or its proceeds is presumed to be the address of the insured or annuitant if a person other than the insured or annuitant is entitled to the amount owed under the policy or contract and the address of the other person is not known by the insurance company and cannot be determined under Section 15-302.  The address of the apparent owner of other property where ownership vests in a beneficiary upon the death of the owner is presumed to be the address of the now-deceased owner if the address of the beneficiary is not known by the holder and cannot be determined under Section 15-302. (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-302
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-302. Address of apparent owner in this State. The administrator may take custody of property that is presumed abandoned, whether located in this State, another state, or a foreign country if:(1) the last-known address of the apparent owner in     the records of the holder is in this State; or(2) the records of the holder do not reflect the     identity or last-known address of the apparent owner, but the administrator has determined that the last-known address of the apparent owner is in this State.  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-303
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-303. If records show multiple addresses of apparent owner.(a) Except as in subsection (b), if records of a holder reflect multiple addresses for an apparent owner and this State is the state of the most recently recorded address, this State may take custody of property presumed abandoned, whether located in this State or another state.(b) If it appears from records of the holder that the most recently recorded address of the apparent owner under subsection (a) is a temporary address and this State is the state of the next most recently recorded address that is not a temporary address, this State may take custody of the property presumed abandoned.   (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-304
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-304. Holder domiciled in this State.(a) Except as in subsection (b) or Section 15-302 or 15-303, the administrator may take custody of property presumed abandoned, whether located in this State, another state, or a foreign country, if the holder is domiciled in this State or is this State or a governmental subdivision, agency, or instrumentality of this State, and(1) another state or foreign country is not entitled     to the property because there is no last-known address of the apparent owner or other person entitled to the property in the records of the holder; or(2) the state or foreign country of the last-known     address of the apparent owner or other person entitled to the property does not provide for custodial taking of the property.(b) Property is not subject to custody of the administrator under subsection (a) if the property is specifically exempt from custodial taking under the law of this State or the state or foreign country of the last-known address of the apparent owner.(c) If a holder's state of domicile has changed since the time property was presumed abandoned, the holder's state of domicile under this Section is deemed to be the state where the holder was domiciled at the time the property was presumed abandoned.  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-305
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-305. Custody if transaction took place in this State.  Except as in Section 15-302, 15-303, or 15-304, the administrator may take custody of property presumed abandoned whether located in this State or another state if:(1) the transaction out of which the property arose     took place in this State;(2) the holder is domiciled in a state that does not     provide for the custodial taking of the property, except that if the property is specifically exempt from custodial taking under the law of the state of the holder's domicile, the property is not subject to the custody of the administrator; and(3) the last-known address of the apparent owner or     other person entitled to the property is unknown or in a state that does not provide for the custodial taking of the property, except that if the property is specifically exempt from custodial taking under the law of the state of the last-known address, the property is not subject to the custody of the administrator. (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-306
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-306. Traveler's check, money order, or similar instrument.  The administrator may take custody of sums payable on a traveler's check, money order, or similar instrument presumed abandoned to the extent permissible under 12 U.S.C. Sections 2501 through 2503, as amended.  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-307
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-307. Burden of proof to establish administrator's right to custody. Subject to Article 4 and Section 15-1005, if the administrator asserts a right to custody of unclaimed property and there is a dispute concerning such property, the administrator has the initial burden to prove:(1) the amount of the property;(2) the property is presumed abandoned; and(3) the property is subject to the custody of the     administrator. (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/Art. 4 heading
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

   ARTICLE 4.  REPORT BY HOLDER  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-401
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-401. Report required by holder.(a) A holder of property presumed abandoned and subject to the custody of the administrator shall report in a record to the administrator concerning the property.  A holder shall report via the internet in a format approved by the administrator, unless the administrator gives a holder specific permission to file a paper report.(b) A holder may contract with a third party to make the report required under subsection (a).(c) Whether or not a holder contracts with a third party under subsection (b), the holder is responsible:(1) to the administrator for the complete, accurate,     and timely reporting of property presumed abandoned; and(2) for paying or delivering to the administrator     property described in the report.(d) A business association who has no reportable property shall so report to the administrator on forms via the Internet in a format approved by the administrator if the business association has:(1) annual sales of more than $1,000,000;(2) securities that are publicly traded;(3) a net worth of more than $10,000,000; or(4) more than 100 employees.The administrator may increase one or more of the thresholds for filing a negative report by administrative rule. (Source: P.A. 102-288, eff. 8-6-21.)
765 ILCS 1026/15-402
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-402. Content of report.(a) The report required under Section 15-401 must:(1) be signed by or on behalf of the holder and     verified as to its completeness and accuracy;(2) if filed electronically, be in a secure format     approved by the administrator which protects confidential information of the apparent owner;(3) describe the property;(4) except for a traveler's check, money order, or     similar instrument, contain the name, if known, last-known address, if known, and Social Security number or taxpayer identification number, if known or readily ascertainable, of the apparent owner of property with a value of $5 or more;(5) for an amount held or owing under a life or     endowment insurance policy, annuity contract, or other property where ownership vests in a beneficiary upon the death of the owner, contain the name and last-known address of the insured, annuitant, or other apparent owner of the policy or contract and of the beneficiary;(6) for property held in or removed from a     safe-deposit box, indicate the location of the property, where it may be inspected by the administrator, and any amounts owed to the holder under Section 15-606;(7) contain the commencement date for determining     abandonment under Article 2;(8) state that the holder has complied with the     notice requirements of Section 15-501;(9) identify property that is a non-freely     transferable security and explain why it is a non-freely transferable security; and(10) contain other information the administrator     prescribes by rules.(b) A report under Section 15-401 may include in the aggregate items valued under $5 each.  If the report includes items in the aggregate valued under $5 each, the administrator may not require the holder to provide the name and address of an apparent owner of an item unless the information is necessary to verify or process a claim in progress by the apparent owner.(c) A report under Section 15-401 may include personal information as defined in Section 15-1401(a) about the apparent owner or the apparent owner's property.(d) If a holder has changed its name while holding property presumed abandoned or is a successor to another person that previously held the property for the apparent owner, the holder must include in the report under Section 15-401 its former name or the name of the previous holder, if any, and the known name and address of each previous holder of the property.  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-403
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-403. When report to be filed.(a) Except as otherwise provided in subsection (b) and subject to subsection (c), the report under Section 15-401 must be filed before November 1 of each year and cover the 12 months preceding July 1 of that year. Business associations which must report under this subsection (a) include financial organizations and insurance companies other than life insurance companies; all other business associations must file under subsection (b).(b) Subject to subsection (c), the report under Section 15-401 to be filed by any business associations that do not report under subsection (a) must be filed before May 1 of each year for the immediately preceding calendar year.(c) Before the date for filing the report under Section 15-401, the holder of property presumed abandoned may request the administrator to extend the time for filing.  The administrator may grant an extension.  If the extension is granted, the holder may pay or make a partial payment of the amount the holder estimates ultimately will be due.  The payment or partial payment terminates accrual of interest on the amount paid.  (Source: P.A. 100-22, eff. 1-1-18; 100-566, eff. 1-1-18.)
765 ILCS 1026/15-404
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-404. Retention of records by holder.  A holder required to file a report under Section 15-401 shall retain records for 10 years after the later of the date the report was filed or the last date a timely report was due to be filed, unless a shorter period is provided by rule of the administrator. The holder may satisfy the requirement to retain records under this Section through an agent.  The records must contain:(1) the information required to be included in the     report;(2) the date, place, and nature of the circumstances     that gave rise to the property right;(3) the amount or value of the property;(4) the last address of the apparent owner, if known     to the holder;(5) sufficient records of items which were not     reported as unclaimed, to allow examination to determine whether the holder has complied with the Act; and(6) if the holder sells, issues, or provides to     others for sale or issue in this State traveler's checks, money orders, or similar instruments, other than third-party bank checks, on which the holder is directly liable, a record of the instruments while they remain outstanding indicating the state and date of issue. (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-405
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-405. Property reportable and payable or deliverable absent owner demand.  Property is reportable and payable or deliverable under this Act even if the owner fails to make demand or present an instrument or document otherwise required to obtain payment.  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/Art. 5 heading
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

   ARTICLE 5.  NOTICE TO APPARENT OWNER OF PROPERTY PRESUMED ABANDONED  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-501
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-501. Notice to apparent owner by holder.(a) Subject to subsections (b) and (c), the holder of property presumed abandoned shall send to the apparent owner notice by first-class United States mail that complies with Section 15-502 in a format acceptable to the administrator not more than one year nor less than 60 days before filing the report under Section 15-401 if:(1) the holder has in its records an address for the     apparent owner which the holder's records do not disclose to be invalid and is sufficient to direct the delivery of first-class United States mail to the apparent owner; and(2) the value of the property is $50 or more.(b) If an apparent owner has consented to receive electronic-mail delivery from the holder, the holder shall send the notice described in subsection (a) both by first-class United States mail to the apparent owner's last-known mailing address and by electronic mail, unless the holder believes that the apparent owner's electronic-mail address is invalid.(c) The holder of securities presumed abandoned under Sections 15-202, 15-203, or 15-208 shall send to the apparent owner notice by certified United States mail that complies with Section 15-502 in a format acceptable to the administrator not less than 60 days before filing the report under Section 15-401 if:(1) the holder has in its records an address for the     apparent owner which the holder's records do not disclose to be invalid and is sufficient to direct the delivery of United States mail to the apparent owner; and(2) the value of the property is $1,000 or more.(d) In addition to other indications of an apparent owner's interest in property pursuant to Section 15-210, a signed return receipt in response to a notice sent pursuant to this Section by certified United States mail shall constitute a record communicated by the apparent owner to the holder concerning the property or the account in which the property is held.(e) The administrator may adopt rules allowing a holder to deduct reasonable costs incurred in sending a notice by United States mail under this Section.   (Source: P.A. 100-22, eff. 1-1-18; 100-566, eff. 1-1-18.)
765 ILCS 1026/15-502
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-502. Contents of notice by holder.(a) Notice under Section 15-501 must contain a heading that reads substantially as follows: "Notice. The State of Illinois requires us to notify you that your property may be transferred to the custody of the State Treasurer if you do not contact us before (insert date that is 30 days after the date of this notice).".(b) The notice under Section 15-501 must:(1) identify the nature and, except for property that     does not have a fixed value, the value of the property that is the subject of the notice;(2) state that the property will be turned over to     the State Treasurer;(3) state that after the property is turned over to     the State Treasurer an apparent owner that seeks return of the property may file a claim with the State Treasurer;(4) state that property that is not legal tender of     the United States may be sold by the State Treasurer;(5) provide instructions that the apparent owner must     follow to prevent the holder from reporting and paying or delivering the property to the State Treasurer; and(6) provide the name, address, and e-mail address or     telephone number to contact the holder.(c) The holder may supplement the required information by listing a website where apparent owners may obtain more information about how to prevent the holder from reporting and paying or delivering the property to the State Treasurer.  (Source: P.A. 100-22, eff. 1-1-18; 100-566, eff. 1-1-18.)
765 ILCS 1026/15-504
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-504. Cooperation among State officers and agencies to locate apparent owner. Unless prohibited by law of this State other than this Act, on request of the administrator, each officer, agency, board, commission, division, and department of this State, any body politic and corporate created by this State for a public purpose, and each political subdivision of this State shall make its books and records available to the administrator and cooperate with the administrator to determine the current address of an apparent owner of property held by the administrator under this Act or to otherwise assist the administrator in the administration of this Act.  The administrator may also enter into data sharing agreements to enable such other governmental agencies to provide an additional notice to apparent owners of property held by the administrator.  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/Art. 6 heading
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

   ARTICLE 6.  TAKING CUSTODY OF PROPERTY BY ADMINISTRATOR  (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-601
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-601. Definition of good faith. In this Article, payment or delivery of property is made in good faith if a holder:(1) had a reasonable basis for believing, based on     the facts then known, that the property was required or permitted to be paid or delivered to the administrator under this Act; or(2) made payment or delivery:(A) in response to a demand by the administrator         or administrator's agent; or(B) under a guidance or ruling issued by the         administrator which the holder reasonably believed required or permitted the property to be paid or delivered. (Source: P.A. 100-22, eff. 1-1-18.)
765 ILCS 1026/15-602
2021 Illinois Compiled Statutes|Chapter 765 - PROPERTY|765 ILCS 1026/ - Revised Uniform Unclaimed Property Act.|Title 15 - Revised Uniform Unclaimed Property Act

Sec. 15-602. Dormancy charge; escheat fee.(a) A holder may deduct a dormancy charge or an escheat fee from property required to be paid or delivered to the administrator if:(1) a valid contract between the holder and the     apparent owner authorizes imposition of the charge for the apparent owner's failure to claim the property within a specified time; and(2) the holder regularly imposes the charge and     regularly does not reverse or otherwise cancel the charge.(b) The amount of the deduction under subsection (a) is limited to an amount that is not unconscionable considering all relevant factors, including the marginal transactional costs incurred by the holder in maintaining the apparent owner's property and any services received by the apparent owner.(c) (Blank).  (Source: P.A. 100-22, eff. 1-1-18; 100-566, eff. 1-1-18.)