TITLE 74: PUBLIC FINANCE
CHAPTER V: TREASURER PART 760 REVISED UNIFORM UNCLAIMED PROPERTY ACT SECTION 760.930 DETERMINATION OF LIABILITY
Section 760.930 Determination of Liability
a) If the administrator determines from an examination conducted under Section 15-1002 of the Act that a putative holder failed or refused to pay or deliver to the administrator property that is reportable under the Act, the administrator shall issue a determination of the putative holder's liability to pay or deliver and give notice in a record to the putative holder of the determination. [765 ILCS 1026/15-1011]
b) The administrator may give notice of any interest and civil penalties at the same time that notice of a determination of liability is given. |