Iowa Admin. Code r. 781-9.18

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 781-9.18 - Information required to be included in report

(1) Every Holder Report Form submitted to the division must include, to the extent such information is available to the holder, the following information:

a. The owner's (and as applicable/available, the beneficiary's) name;

b. The owner's (and as applicable/available, the beneficiary's) last-known address;

c. The owner's (and as applicable/available, the beneficiary's) social security number or Federal Tax Identification Number;

d. Account number, policy number, or other similar account relationship identifier;

e. Check number, certificate number, or other similar property identifier;

f. Date of owner's last indication of interest;

g. Date the property became payable or distributable;

h. In the case of joint owners, the relationship of the owners (joint owners, sole owner, etc.); and

i. As applicable and as known to the holder, an indication that the owner is deceased, as well as the date of death of the owner and the source of decedent information.

(2) The division may determine that the information included in the Holder Report Form is nonconforming and may require that a holder revise its report in circumstances where the Holder Report Form:

a. Does not include complete information;

b. Does not reconcile to the property remittance;

c. Is not verified;

d. Is not verified by the appropriate individual as required by statute;

e. Reflects unauthorized service or other owner charges assessed by the holder;

f. Includes property which is not subject to Iowa Code chapter 556; or

g. Was not filed electronically or has been filed electronically and cannot be read or converted by the division.

This rule is intended to implement Iowa Code section 556.11.

Iowa Admin. Code r. 781-9.18

ARC 9936B, lAB 12/28/11, effective 2/1/12

Adopted by IAB November 9, 2016/Volume XXXIX, Number 10, effective 12/14/2016