SECTION 717.109. Refunds held by business associations.

Latest version.

1Except as otherwise provided by law, any sum that a business association has been ordered to refund by a court or administrative agency which has been unclaimed by the owner for more than 1 year after it became payable in accordance with the final determination or order providing for the refund, regardless of whether the final determination or order requires any person entitled to a refund to make a claim for it, is presumed unclaimed.

History.-s. 10, ch. 87-105; s. 10, ch. 2001-36; s. 113, ch. 2004-390.

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