Presumed abandonment of property held or owing by bank or other business association. Title 89 Real and Personal Property, Chap. A person making a claim under this chapter after the expiration of the time period is entitled to receive either the securities delivered to the Treasurer by the holder, if they still remain in the hands of the Treasurer, or the proceeds received from sale, but no person has any claim under this chapter against the state, the holder, any transfer agent, registrar or other person acting for or on behalf of a holder for any appreciation in the value of the property occurring after delivery by the holder to the Treasurer. 12 Uniform Disposition of Unclaimed Property Act, SEC. A squatter is someone who occupies an abandoned, unoccupied, or foreclosed building or area of land without lawful permission. Proceedings for removal; disposition of tenant's abandoned personal property. Put up No Trespassing signs on the property, especially if it is currently unoccupied. Stay up-to-date with how the law affects your life. He may hold a hearing and receive evidence on such claim. (d) Occupant means a person, his sublessee, successor or assign entitled to the use of a leased space at a self-storage facility under a rental agreement to the exclusion of others; (e) Owner means the owner, operator, lessor or sublessor of a self-storage facility, an agent or any person authorized to manage the facility or to receive rent from an occupant under a rental agreement. Squatter's Rights Mississippi [2023]: Adverse Possession Laws 89-7-27). (4) At the time an interest is presumed abandoned under this section, any dividend, distribution or other sum then held for or owing to the owner as a result of the interest, and not previously abandoned, is presumed abandoned. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs. (2) The published notice shall be entitled Notice of names of persons appearing to be owners of abandoned property, and shall contain: (a) The names in alphabetical order and last-known addresses, if any, of persons listed in the report and entitled to notice in the county as specified in subsection (1) of this section; (b) 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 persons possessing an interest in the property by addressing an inquiry to the Treasurer; and. For 15 years our company has published content with clear steps to accomplish the how, with high quality sourcing to answer the why, and with original formats to make the internet a helpful place. Chapter 200A - malegislature.gov (j) Treasurer means the State Treasurer of the State of Mississippi. Landlords, agencies, friends and others are often put in a position to figure out what to do with abandoned personal property. 12 Uniform Disposition of Unclaimed Property Act, SEC.

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