717.127 Election to take payment or delivery. - Florida Statutes

717.127 Election to take payment or delivery.

The department may decline to receive any property reported under this chapter that the department considers to have a value less than the expense of giving notice and of sale. If the department elects not to receive custody of the property, the holder shall be notified within 120 days after filing the report required under s. 717.117 or remitting the property required under s. 717.119.

History. s. 28, ch. 87-105; s. 18, ch. 96-301.