Sec. T-22. 33 MRSA §1953, sub-§1, ļO, as amended by PL 2001, c. 439, Pt. L, §2, is further amended to read:

O. All other property, 5 3 years after the owner's right to demand the property or after the obligation to pay or distribute the property arises, whichever first occurs;

Sec. T-23. 33 MRSA §1954, sub-§1, as enacted by PL 1999, c. 294, §1, is amended to read:

1. Contents of safe deposit box or other safekeeping depository. Tangible property held in a safe deposit box or other safekeeping depository in this State in the ordinary course of the holder's business and proceeds resulting from the sale of the property permitted by other law are presumed abandoned if the property and proceeds remain unclaimed by the owner for more than 5 3 years after expiration of the lease or rental period on the box or other depository.

Sec. T-24. 33 MRSA §1958, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, is amended by repealing and replacing the headnote to read:

§1958.__Report of property presumed abandoned

Sec. T-25. 33 MRSA §1959, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, is amended by repealing and replacing the headnote to read:

§1959.__Payment or delivery of property presumed abandoned

Sec. T-26. 33 MRSA §1960, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, is amended to read:

§1960. Notice and publication of unclaimed property

1. Publication. The administrator shall publish a notice no later than November 30th of the year next following the year in which abandoned unclaimed property has been paid or delivered to the administrator. The notice must be published in a newspaper of general circulation in this State. The advertisement must be in a form that, in the judgment of the administrator, is likely to attract the attention of the apparent owner of the unclaimed property. The form must contain: