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Code · Wisconsin · Chapter 177 — Uniform unclaimed property act

177.0602 Dormancy charge.

58 words·~1 min read·/wi/chapter-177/177-0602-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

177.0602 Dormancy charge.
(1)A holder may deduct a dormancy charge from property required to be paid or delivered to the administrator if all of the following apply:
(a)A valid written contract between the holder and the apparent owner authorizes imposition of the charge for the apparent owner’s failure to claim the property within a specified time.
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