Legal Opinion

Opinion No.

Arkansas Attorney General Reports

Decided June 25, 1991Published

1Opinion of the Court

The Honorable Julia Hughes Jones State Auditor 230 State Capitol Little Rock, Arkansas 72201

Dear Ms. Jones:

This is in response to your request for an opinion on four questions concerning the Auditor's responsibilities under "The Uniform Disposition of Unclaimed Property Act" ("UDUPA"), codified at A.C.A. § 18-28-201 et seq. Your four questions will be set out below and answered in the order posed.

Your first question is as follows:

Financial institutions became subject to the unclaimed property laws on July 1, 1979 (Act 265 of 1979). Should banks which completely wrote off dormant accounts…

2Cases cited16 opinions

  1. Riggs National Bank of Washington, D.C. v. District of ColumbiaDistrict of Columbia Court of Appeals · 1990
  2. Douglas Aircraft Co. v. CranstonCalifornia Supreme Court · 1962
  3. Love v. HillSupreme Court of Arkansas · 1988
  4. Cole v. National Life Ins. Co.Mississippi Supreme Court · 1989
  5. Country Mutual Insurance v. KnightIllinois Supreme Court · 1968

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