(1) The date of the most recent dividend, stock split or other distribution unclaimed by the apparent owner; or

(2) The date of the 2nd mailing of a statement of account or other notification or communication that was returned as undeliverable or after the holder discontinued mailings, notifications or communications to the apparent owner;

Sec. T-19. 33 MRSA §1953, sub-§1, ¶D, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, is amended to read:

D. A debt of a business association or financial organization, other than a bearer bond or an original issue discount bond, 5 3 years after the date of the most recent interest payment unclaimed by the apparent owner;

Sec. T-20. 33 MRSA §1953, sub-§1, ¶E, as amended by PL 1999, c. 284, §1, is further amended to read:

E. A demand, savings or time deposit 5 3 years after the earlier of maturity or the date of the last indication by the owner of interest in the property. In the case of certain types of deposits, the following rules apply:

(1) In the case of a time deposit that is automatically renewable and whose term is longer than one year, at the date of maturity following the 5th renewal of the deposit after the last indication of interest by the owner; and

(2) In the case of a deposit for the benefit of a minor, the later of 5 3 years after the last indication of interest by the owner or the date on which the minor reaches 18 years of age;

Sec. T-21. 33 MRSA §1953, sub-§1, ¶G, as amended by PL 1999, c. 232, §1, is further amended to read:

G. A gift certificate, 3 years after December 31st of the year in which the certificate was sold; the amount abandoned unclaimed is the price paid by the purchaser for the gift certificate, except that the amount abandoned unclaimed is 60% of the certificate's face value if the issuer of the