Unless otherwise provided by statute of this state, intangible personal property escheats to this state under this chapter if the conditions for escheat stated in Sections 1513 through 1521 exist, and if:
(a) The last known address, as shown on the records of the holder, of the apparent owner is in this state.
(b) No address of the apparent owner appears on the records of the holder and:
(1) The last known address of the apparent owner is in this state; or
(2) The holder is domiciled in this state and has not previously paid the property to the state of the last known address of the apparent owner; or
(3) The holder is a government or governmental subdivision or agency of this state and has not previously paid the property to the state of the last known address of the apparent owner.
(c) The last known address, as shown on the records of the holder, of the apparent owner is in a state that does not provide by law for the escheat of such property and the holder is (1) domiciled in this state or (2) a government or governmental subdivision or agency of this state.
(d) The last known address, as shown on the records of the holder, of the apparent owner is in a foreign nation and the holder is (1) domiciled in this state or (2) a government or governmental subdivision or agency of this state.
(Amended by Stats. 1978, Ch. 1183.)
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