Section 901 – Claim of another state to recover property.

• (1) If the administrator knows that property held by the administrator under this chapter is subject to a superior claim of another state, the administrator shall:
  • (a) report and pay or deliver the property to the other state; or
  • (b) return the property to the holder so that the holder may pay or deliver the property to the other state.

• (2) The administrator is not required to enter into an agreement to transfer property to the other state under Subsection (1).

Repealed and Re-enacted by Chapter 371, 2017 General Session