Policies and Procedures Manual

Chapter 3: Student Affairs

03:05:09   Disposition of Abandoned Property

All lost or abandoned property is subject to the custody of the state as unclaimed property. If the College has an address presumed to be accurate, a written notice to the apparent owner will be sent informing them that the College is in possession of the property. All property with a value that exceeds $50 and has remained unclaimed for more than one year is presumed abandoned.

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Divisional Review Responsibilities Checklist: Finance and Administration

Revision History: April 2014