Sec. 3-73a. Excepted property.
Sec. 3-73a. Excepted property. (a) The provisions of this part shall not apply to
property covered by chapter 66 or section 15-76.
(b) No property shall be presumed abandoned if any person has had uninterrupted
adverse use or enjoyment of it under claim of right for a period of fifteen years prior to
January 1, 1962.
(c) The provisions of this part shall not apply to any specific property otherwise
subject to the provisions of sections 3-57a, 3-59a, 3-59b, 3-60a, 3-61a, 3-62a or 3-65a
held for or owing or distributable to or owned by an owner whose last-known address
is in another state if such property is subject to escheat under the laws of such other state.
(d) The provisions of this part shall not apply to any property presumed abandoned
or escheated under the laws of another state prior to January 1, 1962.
(e) The provisions of this part shall not apply to gift certificates, as defined in section
3-56a.
(1961, P.A. 540, S. 18-21; 1971, P.A. 831, S. 6; P.A. 05-189, S. 1.)
History: 1971 act included Sec. 3-59b in exception provision; P.A. 05-189 added Subsec. (e) re gift certificates.