AB752,153 7Section 153. 177.165 of the statutes is renumbered 177.0209 and amended to
8read:
AB752,71,14 9177.0209 Proceeds from sale of property in self-service storage facility.
10Notwithstanding s. 177.02 (1) any other provision under this chapter, the proceeds
11of a sale under s. 704.90 (6) of personal property stored in a leased facility located
12within a self-service storage facility after satisfaction of the operator's lien under s.
13704.90 (3) (a)
is presumed abandoned immediately after satisfaction of the operator's
14lien under s. 704.90 (3) (a)
.
AB752,154 15Section 154. 177.17 of the statutes is repealed.
AB752,155 16Section 155. 177.18 of the statutes is renumbered 177.0503, and 177.0503
17(title), (1), (1g), (1m), (2m) and (4), as renumbered, are amended to read:
AB752,72,7 18177.0503 (title) Notice and publication of lists of abandoned or
19escheated property
by administrator . (1) Before July 1 of each year, the
20administrator shall publish on an Internet site maintained by the administrator a
21notice of the names of persons appearing to be apparent owners of abandoned
22property reported and remitted to the administrator. Except as provided in sub.
23(1m), the notice shall include the name and last-known address of each person
24identified in a report filed under s. 177.17 177.0401 since the publication of the
25previous notice. The administrator shall also publish the in a newspaper the names

1of apparent owners of abandoned property reported and remitted to the
2administrator in the previous reporting year. The
notice as shall be a class 1 notice
3under ch. 985, and published in a newspaper of general circulation in the county in
4which is located the last-known address of the person to be named in the notice. If
5no address is listed or the address is outside this state, the notice shall be published
6in the county in which the holder of the property has its principal place of business
7within this state
official state newspaper.
AB752,72,11 8(1g) In addition to any notice required under sub. (1), the administrator shall
9also publish, in the notice described under sub. (1), the name and last-known
10address of each owner of a U.S. savings bond that has been presumed abandoned
11under s. 177.135 177.0206 since the publication of the previous notice.
AB752,72,16 12(1m) If the address of a person to be named in a notice under sub. (1) is outside
13this state, and if the administrator has entered into an agreement under s. 177.33
14(1)
177.1202 with the state in which the address is located, the administrator may
15omit the information specified in sub. (2) with respect to that person from the notice
16published under sub. (1).
AB752,72,24 17(2m) For money or other property received under s. 852.01 (3), 863.37 (2) or
18863.39 (1), a notice shall be published at least annually in the official state
19newspaper and shall include the name of the decedent, the time and place of the
20decedent's death,
the amount paid to the administrator, the name of the decedent's
21personal representative,
the county in which the estate is probated and a statement
22that the money will be paid to the heirs or legatees without interest, on proof of
23ownership, if claimed within 10 years from the date of publication as provided in s.
24863.39 (3).
AB752,73,3
1(4) This section does not apply to sums payable on travelers checks, money
2orders and other written instruments presumed abandoned under s. 177.04
3177.0201.
AB752,156 4Section 156. 177.19 of the statutes is repealed.
AB752,157 5Section 157. 177.20 of the statutes is repealed.
AB752,158 6Section 158. 177.21 of the statutes is repealed.
AB752,159 7Section 159. 177.22 of the statutes is repealed.
AB752,160 8Section 160. 177.225 of the statutes is renumbered 177.1504, and 177.1504
9(1) (a) to (c) and (2), as renumbered, are amended to read:
AB752,73,1110 177.1504 (1) (a) The U.S. savings bond has been presumed abandoned under
11s. 177.135 177.0206 for at least one year.
AB752,73,1312 (b) The U.S. savings bond is subject to the custody of this state as unclaimed
13property under s. 177.03 subch. III.
AB752,73,1514 (c) At least one year has elapsed since the administrator published the notice
15required under s. 177.18 (1g) 177.0503.
AB752,73,24 16(2) An action under sub. (1) may be commenced in the circuit court for Dane
17County or in any county that would be a proper place of trial under s. 801.50. Subject
18to sub. (3), service may be made under s. 801.11 (1) (c) by publication of a notice
19published as a class 3 notice under ch. 985. In determining which newspaper is likely
20to give notice as required under s. 985.02 (1), the administrator shall consider the
21conditions under s. 177.03 177.0503 that made the U.S. savings bond subject to the
22custody of this state as unclaimed property. The administrator may postpone
23commencing an action under this subsection until sufficient U.S. savings bonds meet
24the conditions under sub. (1) to justify the expense of the action.
AB752,161 25Section 161. 177.23 of the statutes is repealed.
AB752,162
1Section 162. 177.24 of the statutes is repealed.
AB752,163 2Section 163. 177.25 of the statutes is repealed.
AB752,164 3Section 164. 177.255 of the statutes is renumbered 177.0907 and amended to
4read:
AB752,74,19 5177.0907 Claim to recover abandoned U.S. savings bond.
6Notwithstanding s. 177.225 177.1504, any person who could have claimed an
7interest in a U.S. savings bond immediately before this state became the owner of the
8U.S. savings bond pursuant to a judgment entered under s. 177.225 177.1504 (4) may
9file a claim under s. 177.24 177.0903, and another state may file a claim under s.
10177.25 177.0901. Notwithstanding s. 177.24 (3) 177.0607 or 177.25 (2) 177.0902, if
11the claim is allowed, the administrator shall pay the claimant the amount the
12administrator received from redeeming the U.S. savings bond under s. 177.225 (5)
13177.1504, minus any amounts that were deposited in the general fund to pay
14administrative expenses under s. 177.23 (2) 177.0803 that are attributable to the
15U.S. savings bond, or, if the U.S. savings bond has not been redeemed, the amount
16the administrator estimates the administrator will receive from redeeming the U.S.
17savings bond under s. 177.225 (5) 177.1504, minus any amounts the administrator
18estimates will be deposited in the general fund to pay administrative expenses under
19s. 177.23 (2) 177.0803 that are attributable to the U.S. savings bond.
AB752,165 20Section 165. 177.26 of the statutes is repealed.
AB752,166 21Section 166. 177.265 of the statutes is repealed.
AB752,167 22Section 167. 177.27 of the statutes is repealed.
AB752,168 23Section 168. 177.28 of the statutes is repealed.
AB752,169 24Section 169. 177.29 of the statutes is repealed.
AB752,170
1Section 170. 177.30 (2) of the statutes is renumbered 177.1002 (1) and
2amended to read: