§ 22-149. Filing proof of claim.

(a)

A person claiming an interest in any abandoned intangible property in the custody of the town clerk may file with the town clerk a claim, verified by the claimant's oath, on a form prescribed by the town clerk.

(b)

The town clerk shall consider each claim and give written notice to the claimant within 30 days after the filing of the claim whether the claim is accepted or denied in whole or in part. The notice may be given by mailing it to the last-known address of the claimant as set forth in the claim. No notice of denial need be given if the claim fails to state the claimant's mailing address.

(c)

If the claim is allowed, the town clerk shall pay over or deliver to the claimant the intangible property held for the claimant by the town clerk, without interest, except that interest prescribed by municipal ordinance.

(Code 1987, § 14-5-5; Ord. No. 06-12, pt. II, § 5, 5-9-2012)