Section 38-38-114 - Unclaimed refunds - disposition under "Revised Uniform Unclaimed Property Act"

Money payable as a refund for overpayment of a cure of default pursuant to section 38-38-104 or for overpayment of a redemption pursuant to part 3 of this article 38 that remains unclaimed by the owner one year after the money became payable is presumed abandoned and shall be reported and paid to the state treasurer in accordance with sections 38-13-401 and 38-13-603.Amended by 2019 Ch. 110, § 17, eff. 7/1/2020.L. 2007: Entire section added, p. 1839, § 16, effective 1/1/2008.