sec.21Notifying owner that property moved

sec.21 Notifying owner that property moved

Within 14 days after moving the property, the moving entity must give the owner of the property a written notice stating— that the property has been moved; and how the property may be recovered; and if the property is not recovered within 2 months, the property may be sold or otherwise disposed of. If the moving entity can not identify or locate the owner within a reasonable time to comply with subsection (1) , the notice may be given by publishing it in a newspaper circulating generally in the State. The moving entity need not give a notice under this section if— the property has insufficient value to justify giving the notice; or it is otherwise impracticable to give the notice. In this section— insufficient value , for property, means the property— is of no value; or if sold by the moving entity, would not be likely to return sufficient proceeds of sale to cover the expenses reasonably incurred by the moving entity in dealing with the property under this part. (sec.21-ssec.1) Within 14 days after moving the property, the moving entity must give the owner of the property a written notice stating— that the property has been moved; and how the property may be recovered; and if the property is not recovered within 2 months, the property may be sold or otherwise disposed of. (sec.21-ssec.2) If the moving entity can not identify or locate the owner within a reasonable time to comply with subsection (1) , the notice may be given by publishing it in a newspaper circulating generally in the State. (sec.21-ssec.3) The moving entity need not give a notice under this section if— the property has insufficient value to justify giving the notice; or it is otherwise impracticable to give the notice. (sec.21-ssec.4) In this section— insufficient value , for property, means the property— is of no value; or if sold by the moving entity, would not be likely to return sufficient proceeds of sale to cover the expenses reasonably incurred by the moving entity in dealing with the property under this part.

• (a) that the property has been moved; and
• (b) how the property may be recovered; and
• (c) if the property is not recovered within 2 months, the property may be sold or otherwise disposed of.
• (a) the property has insufficient value to justify giving the notice; or
• (b) it is otherwise impracticable to give the notice.
• (a) is of no value; or
• (b) if sold by the moving entity, would not be likely to return sufficient proceeds of sale to cover the expenses reasonably incurred by the moving entity in dealing with the property under this part.