(1) The administrator shall maintain an electronic, alphabetical list of the owners of unclaimed property and shall make such list available to the public on the world wide web. The administrator shall provide to each county treasurer and public library in the state a written copy of the list of owners of unclaimed property in that county. The office of the treasurer shall also maintain a written copy of the list of unclaimed property owners.

(2) The electronic, alphabetical list of the names of owners of unclaimed property maintained pursuant to subsection (1) of this section shall include the following information:

(a) (Deleted by amendment, L. 2004, p. 1148, § 1, effective August 4, 2004.)

(b) A statement that information concerning the property may be obtained by any person possessing an interest in the property by addressing an inquiry to the administrator; and

(c)

(I) A statement that any person claiming an interest in the property must file a proof of claim with the administrator pursuant to section 38-13-117.

(II) (Deleted by amendment, L. 95, p. 524, § 4, effective May 16, 1995.)

(3) (Deleted by amendment, L. 2004, p. 1148, § 1, effective August 4, 2004.)

(4) Not later than March 1 of the year immediately following the report required by section 38-13-110 or, in the case of property reported by life insurance companies, not later than September 1 of the year of the report required by section 38-13-110, the administrator shall mail a notice to each person whose last-known address is listed in the report and who appears to be entitled to property of the value of fifty dollars or more presumed abandoned under this article and any beneficiary of a life or endowment insurance policy or annuity contract for whom the administrator has a last-known address.

(5) The mailed notice must contain:

(a) A statement that property is being held to which the addressee appears entitled; and

(b) A statement that any person claiming an interest in property being held must file a proof of claim with the administrator pursuant to section 38-13-117.

(6) This section is not applicable to sums payable on money orders and other written instruments presumed abandoned under section 38-13-105.

(7) The administrator shall limit the amount of moneys expended for publication and necessary correspondence pursuant to this section to not more than two percent of the previous year's paid claims from the unclaimed property trust fund created in section 38-13-116.5.