§ 33-21-1-37

(a) This chapter does not relieve a holder of a duty that arose before July 1, 1987 to report, pay, or deliver property. A holder who did not comply with the law in effect before July 1, 1987 is subject to the applicable enforcement and penalty provisions that then existed and these provisions are continued in effect for the purpose of this subsection, subject to § 33-21.1-29(b). (b) The initial report filed under this chapter for property that was not required to be reported before July 1, 1987 but which is subject to this chapter, must include all items of property that would have been presumed abandoned during the ten (10) year period preceding July 1, 1987, as if this chapter had been in effect during that period. History of Section.P.L. 1986, ch. 500, § 3.