12 Del. C. § 1134: When contents of safe deposit box presumed abandoned.
Where this section sits in the code
- Title 12. Decedents’ Estates and Fiduciary Relations
- Descent and Distribution; Escheat
- CHAPTER 11. Escheats
- Subchapter II. Unclaimed Property
Proceeds from a sale of tangible property held in a safe deposit box by the holder permitted by law of this State other than this chapter are presumed abandoned if the property remains unclaimed by the owner 5 years after the earlier of 1 of the following:
(1) The expiration of the lease or rental period for the box.
(2) The earliest date when the lessor of the box is authorized by law of this State other than this chapter to enter the box and remove or dispose of the contents without consent or authorization of the lessee.
Collected 2026-09-05T23:02:15Z. Source file · JSON