US Lawyer Database

§ 66-29-152. Claim of Property by Person Claiming to Be Owner

A person claiming to be the owner of property held by the treasurer may file a claim for the property in the format prescribed by the treasurer. The claimant shall verify the claim as to its completeness and accuracy. The treasurer may waive the requirement in subsection (a) to file a claim and pay or […]

§ 66-29-153. Approval or Denial of Claim

The treasurer shall pay or deliver property to a claimant under § 66-29-152: If the treasurer receives evidence sufficient to establish to the reasonable satisfaction of the treasurer that the claimant is the owner of the property; or Upon order of a court in accordance with § 66-29-155. Not later than ninety (90) days after […]

§ 66-29-155. Action by Person Whose Claim Is Denied or Not Acted Upon

Not later than one (1) year after filing a claim with the treasurer under § 66-29-152, the claimant may commence an action against the treasurer in the chancery court for Davidson County to appeal a claim that has been denied or upon which the treasurer has not acted. A copy of the complaint must be […]

§ 66-29-156. Verified Report of Property

If a person does not file a report required by § 66-29-123, or the treasurer believes that a person may have filed an inaccurate, incomplete, or false report, the treasurer may require the person to file a verified report on a form prescribed by the treasurer. The report must: State whether the person is holding […]

§ 66-29-140. Periods of Limitation and Repose

Expiration, before, on, or after July 1, 2017, of a period of limitation on an owner’s right to receive or recover property, whether specified by contract, statute, or court order, does not prevent the property from being presumed abandoned or affect the duty of a holder to file a report or pay or deliver property […]

§ 66-29-141. Public Sale of Property

Except as otherwise provided in § 66-29-154, not earlier than three (3) years after receipt of property that has been presumed abandoned, the treasurer may sell the property. A sale under subsection (a) must be preceded by notice to the public of: The date of the sale; and A reasonable description of the property. A […]

§ 66-29-142. Disposal of Securities

The treasurer shall sell or otherwise liquidate a security no sooner than thirty-two (32) months, but no later than thirty-six (36) months, after receiving the security and giving the apparent owner notice under § 66-29-130(b)(1) and (2) that the treasurer holds the security. The treasurer shall not sell a security listed on an established stock […]

§ 66-29-143. [reserved.]

A purchaser of property at a sale conducted by the treasurer under this part takes the property free of all claims of the owner, a previous holder, or a person making a claim through the owner or holder. The treasurer shall execute documents necessary to complete the transfer of ownership to the purchaser.

§ 66-29-145. Military Medal or Decoration

The treasurer, upon receiving military medals, shall hold and maintain the military medals until the original owner or the owner’s respective heirs or beneficiaries can be identified and the military medal returned. The treasurer shall not sell a military medal. The treasurer, with the consent of the respective organization under subdivision (c)(1), agency under subdivision […]