Section 400. Unclaimed deposits and refunds for utility services

  1. The
  following unclaimed moneys held  or  owing  by  a  gas  corporation,  an
  electric  corporation,  a gas and electric corporation, a district steam
  corporation,  a  telegraph  corporation,  a  telephone  corporation,   a
  telegraph  and telephone corporation, or a waterworks corporation, shall
  be deemed abandoned property:
    (a) Any  deposit  made  by  a  consumer  or  subscriber  with  such  a
  corporation to secure the payment for utility services furnished by such
  corporation,  or the amount of such deposit after deducting any sums due
  to such corporation by such consumer or subscriber,  together  with  any
  interest  due thereon, which shall have remained unclaimed by the person
  or persons appearing to be entitled thereto  for  two  years  after  the
  termination  of the utility services to secure the payment of which such
  deposit was made, or, if during such two year  period  utility  services
  are  furnished  by  such  corporation to such consumer or subscriber and
  such deposit is held by such corporation to secure payment therefor, for
  two years after the termination of such utility services.
    (b) Any amount paid by a consumer or subscriber to such a  corporation
  in  advance  or  in  anticipation of utility services furnished or to be
  furnished by such corporation which in  fact  is  not  furnished,  after
  deducting  any  sums  due  to  such  corporation  by  such  consumer  or
  subscriber for utility services in  fact  furnished,  which  shall  have
  remained  unclaimed  by  the  person or persons appearing to be entitled
  thereto for two years after the termination of the utility services  for
  which  such amount was paid in advance or in anticipation, or, if during
  such period utility services are furnished by such corporation  to  such
  consumer  or  subscriber  and  such  amount is applied to the payment in
  advance or in anticipation of such utility services, for two years after
  the termination of such utility services.
    (c) The amount of any refund of excess or increased rates  or  charges
  heretofore  or  hereafter  collected by any such corporation for utility
  services lawfully furnished by such corporation which has been or  shall
  hereafter  lawfully be ordered refunded to a consumer or other person or
  persons entitled thereto, together with any interest due  thereon,  less
  any lawful deductions, which shall have remained unclaimed by the person
  or  persons  entitled  thereto  for  two  years  from the date it became
  payable in accordance with the final determination  or  order  providing
  for such refund.
    2.  Any such abandoned property held or owing by such a corporation to
  which the right to receive the same is established to  the  satisfaction
  of such corporation shall cease to be deemed abandoned.