Treasurer, Unclaimed Property

Rule R966-1

Requirements for Claims where no Proof of Stock Ownership Exists

Five-Year Notice of Review and Statement of Continuation

DAR File No.: 36504
Filed: 07/18/2012 08:05:27 AM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Section 67-4a-501 gives the Administrator broad discretion in allowing or disallowing claims. This rule provides guidelines to the public for filing a successful claim when a stock certificate has been lost.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

No written comments have been received.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

This rule should be continued because it provides notice to the public of acceptable forms of proof for claims.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Direct questions regarding this rule to:

• Betsy Ross at the above address, by phone at 801-538-1355, by FAX at 801-538-1383, or by Internet E-mail at [email protected]

Authorized by:

Betsy Ross, Director

Effective:

07/18/2012