| (a) Tangible personal property shall be reported in
the manner prescribed in the current Comptroller's Unclaimed Property
Reporting Instructions. For tangible personal property other than
the contents of a safety deposit box, a holder shall, at the time
of making a property report, separately provide to the comptroller
an inventory of the property that:
(1) clearly describes the property being reported;
and
(2) identifies whether the property is contaminated
by biohazardous or other medical waste.
(b) The comptroller may require a holder to provide
additional information about the property that is reportable under
this section.
(c) A holder shall not deliver property reported under
this section to the comptroller until the earlier of January 1 or
the date the comptroller requests a holder deliver the property.
(d) The comptroller may determine that property reported
under this section has insubstantial commercial value and may require
that a holder dispose of any such property.
|
