Hays, Kansas
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Hays, Kansas

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 state of kansas is stealing your money

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robert
Minor Leaguer
Minor Leaguer
robert


Number of posts : 899
Age : 58
Registration date : 2008-03-30

state of kansas is stealing your money Empty
PostSubject: state of kansas is stealing your money   state of kansas is stealing your money Icon_minitimeWed Dec 29, 2010 5:50 pm

58-3956. Deposit of funds. (a) Except as otherwise provided by this section, the administrator shall promptly deposit in the state general fund all funds received under this act, including the proceeds, from the sale of abandoned property under K.S.A. 58-3955 and amendments thereto, and the proceeds from the redemption of United States savings bonds under K.S.A. 58-3979, and amendments thereto. The unclaimed property claims fund is hereby created in the state treasury. The administrator shall credit moneys to the unclaimed property claims fund sufficient for the prompt payment of claims duly allowed by the administrator. The unclaimed property claims fund shall be in an amount of not less than $100,000. Before making the deposit, the administrator shall record the name and last known address of each person appearing from the holders' reports to be entitled to the property and the name and last known address of each insured person or annuitant and beneficiary and with respect to each policy or contract listed in the report of an insurance company its number, the name of the company and the amount due. The record shall be available for public inspection at all reasonable business hours.

(b) Before making any deposit to the credit of the state general fund, the administrator may deduct and credit to the unclaimed property expense fund which is hereby created in the state treasury:

(1) Any costs in connection with the sale of abandoned property;

(2) costs of mailing and publication in connection with any abandoned property;

(3) operating expenses; and

(4) costs incurred in examining records of holders of property and in collecting the property from those holders.

History: L. 1994, ch. 8, § 23; L. 2000, ch. 125, § 7; Apr. 27.

California law used to say property was unclaimed if the rightful owner had had no contact with the business for 15 years. But during various state budget crises, the waiting period was reduced to seven years, and then five, and then three. Legislators even tried for one year. Why? Because the state wanted to use that free money.

http://abcnews.go.com/GMA/story?id=4832471&page=2


lol!
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robert
Minor Leaguer
Minor Leaguer
robert


Number of posts : 899
Age : 58
Registration date : 2008-03-30

state of kansas is stealing your money Empty
PostSubject: Re: state of kansas is stealing your money   state of kansas is stealing your money Icon_minitimeWed Dec 29, 2010 5:56 pm

Sec. 2. K.S.A. 2008 Supp. 45-229 is hereby amended to read as fol-
lows: 45-229. (a) It is the intent of the legislature that exceptions to dis-
closure under the open records act shall be created or maintained only
if:
(1) The public record is of a sensitive or personal nature concerning
individuals;
(2) the public record is necessary for the effective and efficient ad-
ministration of a governmental program; or
(3) the public record affects confidential information.
The maintenance or creation of an exception to disclosure must be
compelled as measured by these criteria. Further, the legislature finds
that the public has a right to have access to public records unless the
criteria in this section for restricting such access to a public record are
met and the criteria are considered during legislative review in connection
with the particular exception to disclosure to be significant enough to
override the strong public policy of open government. To strengthen the
policy of open government, the legislature shall consider the criteria in
this section before enacting an exception to disclosure.
(b
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robert
Minor Leaguer
Minor Leaguer
robert


Number of posts : 899
Age : 58
Registration date : 2008-03-30

state of kansas is stealing your money Empty
PostSubject: Re: state of kansas is stealing your money   state of kansas is stealing your money Icon_minitimeWed Dec 29, 2010 5:58 pm

if someone called you and could prove they had money for you waiting to be collected that was held by the state of kansas; would you feel "bothered" by that call?
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PostSubject: Re: state of kansas is stealing your money   state of kansas is stealing your money Icon_minitime

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