§2131. Public sale of property 1. Sale after one year. Subject to section 2132, not earlier than one year after receipt of property presumed abandoned, the administrator may sell the property. [PL 2019, c. 498, §22 (NEW).] 2. Notice of sale. Before selling property under subsection 1, the administrator shall give notice to the […]
§2132. Disposal of securities 1. Sell or liquidate security after one year. Except as provided in section 2155, subsection 1, the administrator may not sell or otherwise liquidate a security until one year after the administrator receives the security. [PL 2019, c. 498, §22 (NEW).] 2. Price of security. The administrator may not sell […]
§2133. Recovery of securities or value by owner 1. Claim for securities sold before one year after delivery. If securities are sold by the administrator before the expiration of one year after their delivery to the administrator, a person making a claim under this Act before the end of the one-year period is entitled to […]
§2134. Purchaser owns property after sale A purchaser of property at a sale conducted by the administrator under this Act takes the property free of all claims of the owner, a previous holder or a person claiming through the owner or holder. The administrator shall execute documents necessary to complete the transfer of ownership to […]
§2135. Military medal or decoration 1. Sale prohibited. The administrator may not sell a medal or decoration awarded for military service in the Armed Forces of the United States. [PL 2019, c. 498, §22 (NEW).] 2. Delivery of medal or decoration. The administrator, with the consent of the respective organization under paragraph A, agency […]
