Current through 131st (2023-2024) Legislature Chapter 684
Section 2151 - Claim of another state to recover property1.Subject to superior claim of another state. If the administrator knows that property held by the administrator under this Act 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 [2019, c. 498, §22(NEW).]B. Return the property to the holder so that the holder may pay or deliver the property to the other state. [2019, c. 498, §22(NEW).] [2019, c. 498, §22(NEW).]
2.Agreement to transfer not required. The administrator is not required to enter into an agreement to transfer property to the other state under subsection 1. [2019, c. 498, §22(NEW).]
Added by 2019, c. 498,§ 22, eff. 9/19/2019.