Section 38-13-901 - Claim of another state to recover property

(1) If the administrator knows that property held by the administrator under this article 13 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to enter into an agreement to transfer property to the other state under subsection (1) of this section.Entire article repealed and reenacted with amendments by 2019 Ch. 110, § 1, eff. 7/1/2020.L. 2019: Entire article R&RE, (SB 19 -088), ch. 440, p. 440, § 1, effective 7/1/2020.