Section 447.559

Title XXIX OWNERSHIP AND CONVEYANCE OF PROPERTY

Chapter 447

Effective - 28 Aug 2013, 2 histories   

  447.559.  Historical review of items by state historical society, when — fee, how determined. — All abandoned tangible personal property delivered to the treasurer pursuant to subdivision (4) of section 447.505 that has possible historical significance shall be reviewed as follows:

  (1)  The treasurer at the treasurer's discretion shall screen such property to determine if the property indicates a need for further review;

  (2)  In the event it is determined that such property needs further review, the treasurer shall make available such property to the state historical society of Missouri for historical review.  The state historical society shall issue to the treasurer its report and recommend to the treasurer the appropriate state department or agency to act as custodian of any property deemed to be of such historical significance as to be retained;

  (3)  The state historical society shall receive a reasonable fee for its services.  If the treasurer and the state historical society cannot agree on the amount of the fee, the commissioner of administration shall determine the fee.  The fee shall be paid out of appropriations made from the abandoned fund account;

  (4)  The treasurer upon receiving military medals shall hold and maintain such military medals until the original owner or such owner's respective heirs or beneficiaries can be identified and the military medal returned.  The treasurer is authorized to make the information described in subsection 4 of section 447.560 available to the public in order to facilitate the identification of the original owner or such owner's respective heirs or beneficiaries.  The treasurer may designate a veterans' organization or other appropriate organization as custodian of military medals until the original owner or their respective heirs or beneficiaries are located and to assist the treasurer in identifying the original owner or such owner's respective heirs or beneficiaries; except that, no person or entity entering into an agreement under section 447.581 shall be designated by the treasurer as custodian of^* military medals, and any agreement to pay compensation to recover or assist in the recovery of military medals delivered to the treasurer is unenforceable.

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(L. 1989 H.B. 506, A.L. 1993 H.B. 566, A.L. 1998 H.B. 1510, A.L. 2010 H.B. 1524 & 2260, A.L. 2013 H.B. 702 merged with  S.B. 186)

*Word "or" appears in original rolls.