Effective 5/9/2017 67-4a-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 […]
Effective 5/9/2017 67-4a-902. When property subject to recovery by another state. (1) Property held under this chapter by the administrator is subject to the right of another state to take custody of the property if: (a) (i) the property was paid or delivered to the administrator because the records of the holder did not reflect […]
Effective 5/9/2017 67-4a-903. Claim for property by person claiming to be owner. (1) (a) A person claiming to be the owner of property held under this chapter by the administrator may file a claim for the property on a form prescribed by the administrator. (b) The claimant shall verify the claim as to its completeness […]
Effective 5/9/2017 67-4a-904. When administrator shall honor claim for property. (1) The administrator shall pay or deliver property to a claimant under Subsection 67-4a-903(1) if the administrator receives evidence sufficient to establish to the satisfaction of the administrator that the claimant is the owner of the property. (2) Not later than 90 days after a […]
Effective 5/9/2017 67-4a-905. Allowance of claim for property. (1) (a) The administrator shall pay or deliver to the owner the property or pay to the owner the net proceeds of a sale of the property together with income or gain to which the owner is entitled under Section 67-4a-607. (b) On request of the owner, […]
Effective 5/9/2017 67-4a-906. Action by person whose claim is denied. Not later than one year after filing a claim under Subsection 67-4a-903(1), the claimant may commence an action against the administrator in the district court to establish a claim that has been denied or considered denied under Subsection 67-4a-904(2). Enacted by Chapter 371, 2017 General […]
