Karimi Fraidoon comments

Posted in: If you found a bag with a large sum of money in it, say 10 million yen, in some isolated spot, and there was nothing to indicate who the owner was, what would you do with it? See in context

Of course, I would hand it to the Police and request that they put up a public notice as required by the Lost Property Act. If nobody came around to claim it within 3 months, I would claim it as my own in accordance with Article 240 of the Civil Code.

Finding of Lost Property

Article 240 - If the owner of lost property is not identified within three months of the time when public notice thereof is effected as prescribed by the Lost Property Act (Law No. 73 of 2006), the person who found the lost property shall acquire ownership in the same.

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