67-4a-210 - Property held by courts and public agencies. - Utah Statutes

67-4a-210. Property held by courts and public agencies.
(1) Any intangible property held by the executive, legislative, or judicial branch of theUnited States government, or a state or a county or municipal subdivision of a state, or any oftheir authorities, agencies, instrumentalities, administrations, services, or other organizations thatremains unclaimed for more than one year after it became payable or distributable is consideredabandoned.
(2) Property held, issued, or owing by the court is payable or distributable if:
(a) the court has notified all persons whose names appear on the records of the court ashaving an unadjudicated claim to the property that the property is being held subject to the claim;and
(b) no claim is made, or property remains after all claims are resolved.
(3) A claim filed under Section 67-4a-501 for property reported by the court to theadministrator under this Section may be referred to the court for adjudication of the claim.

Amended by Chapter 156, 2005 General Session