First, in Illinois, the time to escheat a certificate of deposit is three years and not four.
(765 ILCS 1026/15-210)
Sec. 15-210. Indication of apparent owner interest in property.
(a) The period after which property is presumed abandoned is measured from the later of:
(1) the date the property is presumed abandoned under this Article; or
(2) the latest indication of interest by the apparent owner in the property.
(b) Under this Act, an indication of an apparent owner's interest in property includes:
(1) a record communicated by the apparent owner to the holder or agent of the holder concerning the property or the account in which the property is held;
(2) an oral communication by the apparent owner to the holder or agent of the holder concerning the property or the account in which the property is held, if the holder or its agent contemporaneously makes and preserves a record of the fact of the apparent owner's communication;
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