§ 556.28

556.28 Interstate agreements and cooperation. 1. The treasurer of state may enter into agreements with other states to exchange information needed to enable this or another state to audit or otherwise determine unclaimedproperty that it or another state may be entitled to subject to a claim of custody. The treasurerof state by rule may require the reporting of information needed to enable compliance withagreements made pursuant to this section and prescribe the form. 2. To avoid conflicts between the treasurer of state’s procedures and the procedures of unclaimed property administrators in other jurisdictions that enact the uniform unclaimedproperty Act, the treasurer of state, so far as is consistent with the purposes, policies,and provisions of this chapter, before adopting, amending or repealing rules, shall adviseand consult with the unclaimed property administrators in other jurisdictions that enactsubstantially the uniform unclaimed property Act and take into consideration the rules ofunclaimed property administrators in other jurisdictions that enact the uniform unclaimedproperty Act. 3.

enactsubstantially the uniform unclaimed property Act and take into consideration the rules ofunclaimed property administrators in other jurisdictions that enact the uniform unclaimedproperty Act. 3. The treasurer of state may join with other states to seek enforcement of this chapter against any person who is or may be holding property reportable under this chapter. 4. At the request of another state, the attorney general of this state may bring an action in the name of the unclaimed property administrator of the other state in any court of competentjurisdiction to enforce the unclaimed property laws of the other state against a holder in thisstate of property subject to escheat or a claim of abandonment by the other state, if the otherstate has agreed to pay expenses incurred by the attorney general in bringing the action. 5. The treasurer of state may request that the attorney general of another state or any other person bring an action in the name of the unclaimed property administrator in theother state. The state shall pay all expenses including attorney’s fees in any action under thissubsection.

any other person bring an action in the name of the unclaimed property administrator in theother state. The state shall pay all expenses including attorney’s fees in any action under thissubsection. Any expenses paid pursuant to this subsection may not be deducted from theamount that is subject to the claim by the owner under this chapter. 84 Acts, ch 1295, §24 Sat Dec 23 11:04:36 2023 Iowa Code 2024, Section 556.28 (16, 0)