Abandoned property is property left behind intentionally and permanently, often by a tenant, when it appears that the former owner or tenant has no intent to reclaim or use it. This site is protected by reCAPTCHA and the Google, There is a newer version of the Mississippi Code. Adherence to property abandonment laws is important, including knowing the time frame in which personal property is considered abandoned, and therefore, can be disposed of. (1) Subject to the provisions of Sections 89-12-17 and 89-12-19, the following property held or owing by a banking or financial organization or by a business association shall be presumed abandoned: (a) Any demand, savings, or matured time deposit made in this state with a banking organization or financial organization, together with any interest or dividend thereon, excluding any charges that may have accrued, unless the owner has, within five (5) years: (i) Increased or decreased the amount of the deposit, or presented the passbook or other similar evidence of the deposit for the crediting of interest; or, (ii) Corresponded in writing with the banking organization or financial organization concerning the deposit; or. Title 89 Real and Personal Property, Chap. The law says: "If the judge grants possession of this premises to the landlord and you do not remove your personal property, including any manufactured home, from the premises before the date and time ordered by the judge, then the landlord may dispose of your personal property without any further legal action." Real and Personal Property Mississippi Code Title 89. January 27, 2022 89-12-23. Abandoned property is defined as personal property left by an owner who intentionally relinquishes all rights to its control. Abandoned Personal Property Laws - LegalMatch Law Library Mississippi Warrant Search | StateRecords.org / Child Support
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