Idaho § 33-5410 - Unclaimed accounts
Full text of Idaho Idaho Statutes § 33-5410 — Unclaimed accounts, with citation guidance and answers to common questions.
§ 33-5410. Unclaimed accounts
(1) Except as set forth in this section, unclaimed accounts shall be subject to the provisions of chapter 5, title 14 , Idaho Code.
(2) The date upon which the account owner is deemed to have last communicated that the owner is currently aware of his interest in the account shall not occur prior to the eighteenth birthday of the designated beneficiary.
(3) Upon receipt of a certificate of exemption from the state treasurer or his authorized agent or employee, the board may assume the responsibilities of the state treasurer under chapter 5, title 14 , Idaho Code. Under a certificate of exemption, the board:
(a) Shall locate unclaimed accounts and refund the same to its rightful owner according to the provisions of chapter 5, title 14 , Idaho Code, and the terms of the certificate of exemption.
(b) Shall retain the unclaimed account under the terms and provisions of the program.
(c) May maintain the investments selected by the account owner or establish an investment policy for all unclaimed accounts. The owner and designated beneficiary of an unclaimed account shall have no claim against the state or any agency or instrumentality of this state for retention of the account owner’s investment selection or for compliance with an investment policy for unclaimed accounts.
(4) In the event the board fails to comply with the requirements of this section, the state treasurer may revoke the certificate of exemption, and the board shall transfer all unclaimed accounts and records to the state treasurer as required by chapter 5, title 14 , Idaho Code.
[33-5410, added 2008, ch. 275, sec. 5, p. 787; am. 2016, ch. 91, sec. 1, p. 281; am. 2024, ch. 27, sec. 6, p. 218.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 33-5410
What does Idaho Statutes § 33-5410 cover?
Section 33-5410 ("Unclaimed accounts") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 33-5410?
A common citation format is "Idaho Statutes § 33-5410" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 33-5410 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.