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2 Cards in this Set

  • Front
  • Back
Uniform Disposition of Unclaimed Property Act
("UDUPA")
Intangible property and property in safe deposit boxes is presumed abandoned if the owner does not claim it or demonstrate any interest in it for five (5) years.
Uniform Transfers to Minors Act
covers irrevocable gifts of any type of property that conveys to the minor indefeasibly vested legal title, subject to the rights, powers, duties and authority of the custodian.