reglab/housing_qa huggingface dataset:
AR Code § 18-28-214 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-214. Claim of another state to recover property

 (a) After property has been paid or delivered to the administrator under this subchapter, another state may recover the property if:  (1) the property was paid or delivered to the custody of this state because the records of the holder did not reflect a last known location of the apparent owner within the borders of the other state and the other state establishes that the apparent owner or other person entitled to the property was last known to be located within the borders of that state and under the laws of that state the property has escheated or become subject to a claim of abandonment by that state;  (2) the property was paid or delivered to the custody of this state because the laws of the other state did not provide for the escheat or custodial taking of the property, and under the laws of that state subsequently enacted the property has escheated or become subject to a claim of abandonment by that state;  (3) the records of the holder were erroneous in that they did not accurately identify the owner of the property and the last known location of the owner within the borders of another state and under the laws of that state the property has escheated or become subject to a claim of abandonment by that state;  (4) the property was subjected to custody by this state under § 18-28-204(6) and under the laws of the state of domicile of the holder the property has escheated or become subject to a claim of abandonment by that state; or  (5) the property is a sum payable on a traveler's check, money order, or similar instrument that was purchased in the other state and delivered into the custody of this state under § 18-28-204(7), and under the laws of the other state the property has escheated or become subject to a claim of abandonment by that state.    (b) A claim of another state to recover escheated or abandoned property must be presented in a form prescribed by the administrator, who shall decide the claim within ninety (90) days after it is presented. The administrator shall allow the claim upon determining that the other state is entitled to the abandoned property under subsection (a).  (c) The administrator shall require another state, before recovering property under this section, to agree to indemnify this state and its officers and employees against any liability on a claim to the property.
AR Code § 18-28-215 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-215. Filing claim with administrator — Handling of claims by administrator

 (a) A person, excluding another state, claiming property paid or delivered to the administrator may file a claim on a form prescribed by the administrator and verified by the claimant.  (b) Within ninety (90) days after a claim is filed, the administrator shall allow or deny the claim and give written notice of the decision to the claimant. If the claim is denied, the administrator shall inform the claimant of the reasons for the denial and specify what additional evidence is required before the claim will be allowed. The claimant may then file a new claim with the administrator or maintain an action under § 18-28-216.  (c)  (1) Except as provided in subdivision (c)(2) of this section, within thirty (30) days after a claim is allowed, the property or the net proceeds of a sale of the property must be delivered or paid by the administrator to the claimant, together with any dividend, interest, or other increment to which the claimant is entitled under §§ 18-28-211 and 18-28-212.  (2) If in order to transfer property to the claimant under this section, fees or costs are required to be paid prior to transfer, the administrator may sell all or a portion of the property and deduct the costs of transfer from the proceeds of the sale, and any proceeds remaining shall be paid to the claimant.    (d) A holder who pays the owner for property that has been delivered to the state and which, if claimed from the administrator by the owner would be subject to an increment under §§ 18-28-211 and 18-28-212, may recover from the administrator the amount of the increment.
AR Code § 18-28-216 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-216. Action to establish claim

 A person aggrieved by a decision of the administrator or whose claim has not been acted upon within ninety (90) days after its filing may maintain an original action to establish the claim in the Pulaski County Circuit Court, naming the administrator as a defendant. If the aggrieved person establishes the claim in an action against the administrator, the court may award the claimant reasonable attorney's fees.
AR Code § 18-28-217 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-217. Election to take payment or delivery

 (a) The administrator may decline to receive property reported under this subchapter which the administrator considers to have a value less than the expenses of notice and sale.  (b) A holder, with the written consent of the administrator and upon conditions and terms prescribed by the administrator, may report and deliver property before the property is presumed abandoned. Property so delivered must be held by the administrator and is not presumed abandoned until it otherwise would be presumed abandoned under this subchapter.
AR Code § 18-28-218 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-218. Destruction or disposition of property having no substantial commercial value — Immunity from liability

 If the administrator determines after investigation that property delivered under this subchapter has no substantial commercial value, the administrator may destroy or otherwise dispose of the property at any time. An action or proceeding may not be maintained against the state or any officer or against the holder for or on account of an act of the administrator under this section, except for intentional misconduct or malfeasance.
AR Code § 18-28-219 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-219. Periods of limitation

 (a) The expiration, before or after July 30, 1999, of a period of limitation on the owner's right to receive or recover property, whether specified by contract, statute, or court order, does not preclude the property from being presumed abandoned or affect a duty to file a report or to pay or deliver or transfer property to the administrator as required by this subchapter.  (b) An action or proceeding may not be maintained by the administrator to enforce this subchapter in regard to the reporting, delivery, or payment of property more than ten (10) years after the holder specifically identified the property in a report filed with the administrator or gave express notice to the administrator of a dispute regarding the property. In the absence of such a report or other express notice, the period of limitation is tolled. The period of limitation is also tolled by the filing of a report that is fraudulent.
AR Code § 18-28-221 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-221. Retention of records

 (a) Except as otherwise provided in subsection (b), a holder required to file a report under § 18-28-207 shall maintain the records containing the information required to be included in the report for ten (10) years after the holder files the report, unless a shorter period is provided by rule of the administrator.  (b) A business association or financial organization that 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 business association or financial organization is directly liable, shall maintain a record of the instruments while they remain outstanding, indicating the state and date of issue, for three (3) years after the holder files the report.
AR Code § 18-28-222 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-222. Enforcement

 The administrator may maintain an action in this or another state to enforce this subchapter. The court may award reasonable attorney's fees to the prevailing party.
AR Code § 18-28-223 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-223. Interstate agreements and cooperation — Joint and reciprocal actions with other states

 (a) The administrator may enter into an agreement with another state to exchange information relating to abandoned property or its possible existence. The agreement may permit the other state, or another person acting on behalf of a state, to examine records as authorized in § 18-28-220. The administrator by rule may require the reporting of information needed to enable compliance with an agreement made under this section and prescribe the form.  (b) The administrator may join with another state to seek enforcement of this subchapter against any person who is or may be holding property reportable under this subchapter.  (c) At the request of another state, the Attorney General of this state may maintain an action on behalf of the other state to enforce, in this state, the unclaimed property laws of the other state against a holder of property subject to escheat or a claim of abandonment by the other state, if the other state has agreed to pay expenses incurred by the Attorney General in maintaining the action.  (d) The administrator may request that the attorney general of another state or another attorney commence an action in the other state on behalf of the administrator. With the approval of the Attorney General of this state, the administrator may retain any other attorney to commence an action in this state on behalf of the administrator. This state shall pay all expenses, including attorney's fees, in maintaining an action under this subsection. With the administrator's approval, the expenses and attorney's fees may be paid from money received under this subchapter. The administrator may agree to pay expenses and attorney's fees based in whole or in part on a percentage of the value of any property recovered in the action. Any expenses or attorney's fees paid under this subsection may not be deducted from the amount that is subject to the claim by the owner under this subchapter.
AR Code § 18-28-224 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-224. Interest and penalties

 (a) A holder who fails to report, pay, or deliver property within the time prescribed by this subchapter shall pay to the administrator interest at the annual rate of two (2) percentage points above the bank prime loan rate as reported from time to time in the Board of Governors of the Federal Reserve System statistical release H.15 (Selected Interest Rates) or any successor publication on the property or value thereof from the date the property should have been reported, paid or delivered.  (b) Except as otherwise provided in subsection (c), a holder who fails to report, pay, or deliver property within the time prescribed by this subchapter, or fails to perform other duties imposed by this subchapter, shall pay to the administrator, in addition to interest as provided in subsection (a), a civil penalty of two hundred dollars ($200) for each day the report, payment, or delivery is withheld, or the duty is not performed, up to a maximum of five thousand dollars ($5,000).  (c) A holder who willfully fails to report, pay, or deliver property within the time prescribed by this subchapter, or willfully fails to perform other duties imposed by this subchapter, shall pay to the administrator, in addition to interest as provided in subsection (a), a civil penalty of one thousand dollars ($1,000) for each day the report, payment, or delivery is withheld, or the duty is not performed, up to a maximum of twenty-five thousand dollars ($25,000), plus twenty-five percent (25%) of the value of any property that should have been but was not reported.  (d) A holder who makes a fraudulent report shall pay to the administrator, in addition to interest as provided in subsection (a), a civil penalty of one thousand dollars ($1,000) for each day from the date a report under this subchapter was due, up to a maximum of twenty-five thousand dollars ($25,000), plus twenty-five percent (25%) of the value of any property that should have been but was not reported.  (e) The administrator for good cause may waive, in whole or in part, interest under subsection (a) and penalties under subsections (b) and (c), and shall waive penalties if the holder acted in good faith and without negligence.
AR Code § 18-28-225 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-225. Agreement to locate property

 (a) An agreement by an owner, the primary purpose of which is to locate, deliver, recover, or assist in the recovery of property that is presumed abandoned is void and unenforceable if it was entered into during the period commencing on the date the property was presumed abandoned and extending to a time that is twenty-four (24) months after the date the property is paid or delivered to the administrator. This subsection does not apply to an owner's agreement with an attorney to file a claim as to identified property or contest the administrator's denial of a claim.  (b) An agreement by an owner, the primary purpose of which is to locate, deliver, recover, or assist in the recovery of property is enforceable only if the agreement is in writing, provides for a fee of not more than ten percent (10%) of the recovery, clearly sets forth the nature of the property and the services to be rendered, is signed by the apparent owner, and states the value of the property before and after the fee or other compensation has been deducted.  (c) If an agreement covered by this section applies to mineral proceeds and the agreement contains a provision to pay compensation that includes a portion of the underlying minerals or any mineral proceeds not then presumed abandoned, the provision is void and unenforceable.  (d) An agreement covered by this section which provides for compensation that is unconscionable is unenforceable except by the owner. An owner who has agreed to pay compensation that is unconscionable, or the administrator on behalf of the owner, may maintain an action to reduce the compensation to a conscionable amount. The court may award reasonable attorney's fees to an owner who prevails in the action.  (e) This section does not preclude an owner from asserting that an agreement covered by this section is invalid on grounds other than unconscionable compensation.
AR Code § 18-28-226 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-226. Foreign transactions

 This subchapter does not apply to property held, due, and owing in a foreign country and arising out of a foreign transaction.
AR Code § 18-28-227 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-227. Transitional provisions

 (a) An initial report filed under this subchapter for property that was not required to be reported before July 30, 1999, but which is subject to this subchapter must include all items of property that would have been presumed abandoned during the ten-year period next preceding July 30, 1999, as if this subchapter had been in effect during that period.  (b) This subchapter does not relieve a holder of a duty that arose before July 30, 1999, to report, pay, or deliver property. Except as otherwise provided in § 18-28-219(b), a holder who did not comply with the law in effect before July 30, 1999, is subject to the applicable provisions for enforcement and penalties which then existed, which are continued in effect for the purpose of this section.
AR Code § 18-28-228 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-228. Rules

 The administrator may adopt pursuant to the Arkansas Administrative Procedure Act, § 25-15-201 et. seq., rules necessary to carry out this subchapter.
AR Code § 18-28-229 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-229. Uniformity of application and construction

 This subchapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this subchapter among states enacting it.
AR Code § 18-28-230 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-230. Periods of limitation not a bar

 Any statute of limitations that would vest the ownership of property subject to this subchapter in a holder of said property before expiration of a period of presumed abandonment is tolled until a demand is made by a party entitled to possession.
AR Code § 18-28-231 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 2 - Unclaimed Property Act|§ 18-28-231. Escheatment — United States savings bond

 (a) Notwithstanding any law to the contrary, including § 18-28-202(a)(10) and (14) and § 18-28-219(b), a United States savings bond held or owing in this state is presumed abandoned if the savings bond remains unclaimed for five (5) years after the date of maturity of the United States savings bond.  (b) If a United States savings bond is presumed abandoned under subsection (a) of this section, the United States savings bond shall escheat to the state two (2) years after becoming abandoned property according to subsections (c)-(f) of this section.  (c)  (1) If no claim for the United States savings bond is filed under § 18-28-215, the administrator shall file a civil action for escheatment of the United States savings bond within one hundred eighty (180) days after the two-year period under subsection (b) of this section.  (2) The administrator may postpone filing a civil action under subdivision (c)(1) of this section until additional United States savings bonds accumulate to justify the expense of the proceeding.    (d) The administrator shall provide notice of the civil action to an individual named as a defendant in the civil action in the manner provided for under § 16-3-101 et seq., and prescribed by Rule 4 of the Arkansas Rules of Civil Procedure.  (e) If no person files a claim or appears at the hearing to substantiate a claim or if the court determines that a claimant is not entitled to the property claimed by the claimant, then the court shall enter judgment that:  (1) The United States savings bond escheats to the state; and  (2) All property rights and legal title to and ownership of the United States savings bond or proceeds from the United States savings bond, including all rights, powers, and privileges of survivorship of any owner, co-owner, or beneficiary, are vested solely in the state.    (f) Notwithstanding §§ 18-28-213 and 18-28-225, the administrator shall redeem any United States savings bonds escheated to the state and deposit the proceeds recovered by the administrator into the Unclaimed Property Proceeds Trust Fund.  (g)  (1) Notwithstanding § 18-28-215(c), a person may file a claim with the administrator for a United States savings bond or the proceeds from the savings bond that has escheated to the state under this section.  (2)  (A) Upon submission of sufficient proof of the validity of a claim for a United States savings bond that has escheated to the state, the administrator may pay the claim after deducting the expense incurred by the administrator in securing full title and ownership of the United States savings bond by escheatment.  (B) Upon payment of a valid claim, no action thereafter shall be maintained by any other claimant against the state for the funds.      (h) The administrator may contract with and obtain outside legal counsel in the administration of this section.
AR Code § 18-28-401 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 4 - Mineral Proceeds|§ 18-28-401. Definitions

 As used in this subchapter:   (1) “Holder” means a person, wherever organized or domiciled, who is:  (A) In possession of property that belongs to another;  (B) A trustee; or  (C) Indebted to another on an obligation;    (2) “Mineral” means oil, gas, uranium, sulphur, lignite, coal, and any other substance that is ordinarily and naturally considered a mineral in this state, regardless of the depth at which the substance is found; and  (3) “Mineral proceeds” means all obligations:  (A) To pay resulting from the production and sale of minerals from this state; and  (B) For the acquisition and retention of a mineral lease to produce minerals located in this state.
AR Code § 18-28-402 (2020)
2020 Arkansas Code|Title 18 - Property|Subtitle 3 - Personal Property|Chapter 28 - Unclaimed Property|Subchapter 4 - Mineral Proceeds|§ 18-28-402. Escrow accounts

 (a)  (1) A holder of mineral proceeds shall establish an escrow account for mineral proceeds if the person entitled to the receipt of the mineral proceeds is unknown or has not been located within one (1) year after the funds became payable or distributable.  (2) The escrow account shall be for the benefit of the rightful recipient of the mineral proceeds.  (3) A person showing to the holder of mineral proceeds sufficient proof of identity and marketable title to the property shall be promptly paid the sum accumulated for his or her benefit in the escrow account.    (b)  (1) If a holder of mineral proceeds is required to establish more than one (1) escrow account by operation of this section, then the mineral proceeds accruing may be commingled in a single escrow account.  (2) Separate records of each deposit and withdrawal on behalf of specific persons shall be maintained.    (c) A holder of mineral proceeds who violates this section is subject to a civil penalty not to exceed two thousand five hundred dollars ($2,500).  (d) The Auditor of State shall enforce this subchapter and may conduct random audits of the escrow accounts required by this section.