# Ind. Code § 32-34-1.5-9: Presumption of abandonment for securities

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-9

## Section

- **Citation:** Ind. Code § 32-34-1.5-9
- **Heading:** Presumption of abandonment for securities
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 32 / Article 34 / Chapter 1.5 / Section 32-34-1.5-9

## Text

Sec. 9. (a) Subject to section 11 of this chapter, a security is presumed abandoned three (3) years after:

(1) the date a second consecutive communication sent by the holder by first class United States mail to the apparent owner is returned to the holder undelivered by the United States Postal Service; or

(2) if the second communication is made later than thirty (30) days after the first communication is returned, the date the first communication is returned undelivered to the holder by the United States Postal Service.

(b) If the holder does not send communications to the apparent owner by first class United States mail, the holder shall attempt to confirm the apparent owner's interest in the security by sending the apparent owner an electronic mail communication not later than two (2) years after the apparent owner's last indication of interest in the security. However, the holder must attempt to contact the apparent owner by first class United States mail within sixty (60) days if:

(1) the holder does not have information needed to send the apparent owner an electronic mail communication or the holder believes that the apparent owner's electronic mail address in the holder's records is not valid;

(2) the holder receives notification that the electronic mail communication was not received; or

(3) the apparent owner does not respond to the electronic mail communication not later than thirty (30) days after the communication was sent.

(c) If first class United States mail sent under subsection (b) is returned to the holder undelivered by the United States Postal Service, the security is presumed abandoned three (3) years after the date the mail is returned.

As added by P.L.141-2021, SEC.20.

## Nearby sections

- [Ind. Code § 32-34-1.5-1 Nonapplicability of chapter](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-1.md)
- [Ind. Code § 32-34-1.5-2 Citation of law as "revised unclaimed property act"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-2.md)
- [Ind. Code § 32-34-1.5-3 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-3.md)
- [Ind. Code § 32-34-1.5-4 Presumption of abandonment](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-4.md)
- [Ind. Code § 32-34-1.5-5 Presumption of abandonment for property held in a pension account or retirement account](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-5.md)
- [Ind. Code § 32-34-1.5-6 Presumption of abandonment for property held in a tax deferred account or plan](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-6.md)
- [Ind. Code § 32-34-1.5-7 Presumption of abandonment for property held in an account established for minors](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-7.md)
- [Ind. Code § 32-34-1.5-8 Presumption of abandonment for property held in a safe deposit box](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-8.md)
- [Ind. Code § 32-34-1.5-9 Presumption of abandonment for securities](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-9.md)
- [Ind. Code § 32-34-1.5-10 Presumption of abandonment for accrued interest](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-10.md)
- [Ind. Code § 32-34-1.5-11 Indication of apparent owner's interest](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-11.md)
- [Ind. Code § 32-34-1.5-12 Death of an insured or annuitant; death master file](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-12.md)
- [Ind. Code § 32-34-1.5-13 Proceeds payable under an insurance policy or annuity contract](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-13.md)
- [Ind. Code § 32-34-1.5-14 Property located in another state or foreign country](https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-14.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T32_A34_C1.5_S32-34-1.5-9. Check the current official text before relying on it. Not legal advice.