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SB756-SA1,4,11 9(4) If 1st class mail sent under sub. (3) is returned to the holder by the U.S.
10postal service as undeliverable, the property is presumed abandoned on the date
11determined under sub. (1).”.
SB756-SA1,4,12 126. Page 21, line 14: delete “earliest" and substitute “later".
SB756-SA1,4,15 137. Page 21, line 15: delete “The date" and substitute “If the date on which the
14minor's custodian is required to transfer the property to the minor has passed, the
15date".
SB756-SA1,4,17 168. Page 21, line 18: after “If" insert “the date on which the minor's custodian
17is required to transfer the property to the minor has passed and if".
SB756-SA1,4,19 189. Page 22, line 14: delete the material beginning with “3" and ending with
19“returned" on line 15 and substitute “on the date determined under sub. (1)”.
SB756-SA1,4,20 2010. Page 33, line 20: delete “IX" and substitute “XIV".
SB756-SA1,4,21 2111. Page 37, line 23: after that line insert:
SB756-SA1,4,22 22 Section 82b. 177.0503 (1b) of the statutes is created to read:
SB756-SA1,4,2323 177.0503 (1b) A notice under sub. (1) shall contain all of the following:
SB756-SA1,5,3
1(a) The names in alphabetical order and the last-known addresses, if any, of
2persons listed in the report and entitled to notice within the county, as specified in
3sub. (1).
SB756-SA1,5,64 (b) A statement that information concerning the property and the name and
5last-known address of the holder may be obtained by any person possessing an
6interest in the property by addressing an inquiry to the administrator.
SB756-SA1,82d 7Section 82d. 177.0503 (1d) of the statutes is created to read:
SB756-SA1,5,108 177.0503 (1d) The administrator is not required to publish notice of any item
9with a value of less than $50 unless the administrator determines the publication to
10be in the public interest.”.
SB756-SA1,5,11 1112. Page 50, line 17: delete lines 17 to 21.
SB756-SA1,5,12 1213. Page 54, line 15: delete “177.0702" and substitute “177.0503".
SB756-SA1,5,13 1314. Page 57, line 6: delete lines 6 to 12.
SB756-SA1,5,17 1415. Page 57, line 22: delete the material beginning with “177.1002" and
15ending with “person" on line 25 and substitute “177.1002, petition a court to
16determine the liability of such holder based on the court's findings as to a reasonable
17estimate of the amount due”.
SB756-SA1,5,18 1816. Page 61, line 25: delete “delivery" and substitute “deliver".
SB756-SA1,5,19 1917. Page 65, line 14: delete “reasonable" and substitute “reasonably".
SB756-SA1,5,20 2018. Page 66, line 14: delete lines 14 and 15 and substitute:
SB756-SA1,5,22 21“(a) Reports and records of a claimant that are in the possession of the
22administrator or the administrator's agent.”.
SB756-SA1,5,23 2319. Page 70, line 25: delete “12th" and substitute “15th".
SB756-SA1,6,3
120. Page 71, line 5: after “extension." insert “The administrator shall make
2efforts to provide information to interested parties regarding the voluntary
3disclosure period provided under this subsection.".
SB756-SA1,6,4 421. Page 74, line 14: delete “177.0803" and substitute “ 177.0801".
SB756-SA1,6,5 522. Page 74, line 19: delete “177.0803" and substitute “ 177.0801".
SB756-SA1,6,7 623. Page 75, line 21: delete the material beginning with that line and ending
7with page 76, line 2, and substitute:
SB756-SA1,6,15 8“177.1002 (2) If an examination of the records of a person results in the
9disclosure discovery of property reportable and deliverable under this chapter, the
10administrator may assess the cost of the examination against the holder at the rate
11of $150 a day for each examiner, but the charges may not exceed the value of the
12property found to be reportable and deliverable. The cost of examination under sub.
13(3) may be imposed only against the business association
person shall file a report
14and deliver the property to the administrator. If the property is not reported and
15delivered, the administrator shall assess the person for the value of the property
.”.
SB756-SA1,6,16 1624. Page 76, line 3: delete that line and substitute:
SB756-SA1,6,18 17 Section 173d. 177.30 (5) of the statutes is renumbered 177.1004 and
18amended to read:
SB756-SA1,6,24 19177.1004 Failure of person to maintain records. If a holder, after
20December 31, 1984,
fails to maintain the records required under s. 177.31 177.0404,
21and the records of the holder available for the periods subject to this chapter are
22insufficient to permit the preparation of a report, a court may determine the liability
23of such holder based on the court's findings as to a reasonable estimate of the amount
24due.”.
SB756-SA1,7,1
125. Page 76, line 19: delete lines 19 to 25 and substitute:
SB756-SA1,7,2 2 Section 175d. 177.30 (7) of the statutes is renumbered 177.1005 (4).”.
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