(a) The report required under Section 15-401 must:
         (1) be signed by or on behalf of the holder and
    
verified as to its completeness and accuracy;
        (2) if filed electronically, be in a secure format
    
approved by the administrator which protects confidential information of the apparent owner;
        (3) describe the property;

Terms Used In Illinois Compiled Statutes 765 ILCS 1026/15-402

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14

         (4) except for a traveler’s check, money order, or
    
similar instrument, contain the name, if known, last-known address, if known, and Social Security number or taxpayer identification number, if known or readily ascertainable, of the apparent owner of property with a value of $5 or more;
        (5) for an amount held or owing under a life or
    
endowment insurance policy, annuity contract, or other property where ownership vests in a beneficiary upon the death of the owner, contain the name and last-known address of the insured, annuitant, or other apparent owner of the policy or contract and of the beneficiary;
        (6) for property held in or removed from a
    
safe-deposit box, indicate the location of the property, where it may be inspected by the administrator, and any amounts owed to the holder under Section 15-606;
        (7) contain the commencement date for determining
    
abandonment under Article 2;
        (8) state that the holder has complied with the
    
notice requirements of Section 15-501;
        (9) identify property that is a non-freely
    
transferable security and explain why it is a non-freely transferable security; and
        (10) contain other information the administrator
    
prescribes by rules.
    (b) A report under Section 15-401 may include in the aggregate items valued under $5 each. If the report includes items in the aggregate valued under $5 each, the administrator may not require the holder to provide the name and address of an apparent owner of an item unless the information is necessary to verify or process a claim in progress by the apparent owner.
     (c) A report under Section 15-401 may include personal information as defined in Section 15-1401(a) about the apparent owner or the apparent owner’s property.
     (d) If a holder has changed its name while holding property presumed abandoned or is a successor to another person that previously held the property for the apparent owner, the holder must include in the report under Section 15-401 its former name or the name of the previous holder, if any, and the known name and address of each previous holder of the property.
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