21-45-55. Investment of proceeds of sale for unknown or nonresident owner.
45 words·~1 min read·
/sd/title-21/chapter-21-45/21-45-55A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When there are proceeds of a sale belonging to an unknown owner, or to a person without the state who has no legal representative within it, the same must be invested in bonds of the United States for the benefit of the persons entitled thereto.