Arizona § 44-320 Destruction or disposition of property having no substantial commercial value; immunity from liability

Arizona Statutes

§ 44-320 — Destruction or disposition of property having no substantial commercial value; immunity from liability

Arizona·Title 44 Arizona Revised Statutes·Ch. 3 REVISED ARIZONA UNCLAIMED PROPERTY ACT·Art. 1 General Provisions

If the department determines after investigation that property delivered pursuant to this chapter has no substantial commercial value, the department may destroy or otherwise dispose of the property at any time.  A person shall not maintain an action or proceeding against this state, the department or any officer of this state or against the holder for or on account of an act of the department pursuant to this section, except for intentional misconduct or malfeasance.

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If the department determines after investigation that property delivered pursuant to this chapter has no substantial commercial value, the department may destroy or otherwise dispose of the property at any time. A person shall not maintain an action or proceeding against this state, the department or any officer of this state or against the holder for or on account of an act of the department pursuant to this section, except for intentional misconduct or malfeasance.

Arizona § 44-320 (Destruction or disposition of property having no substantial commercial value; immunity from liability) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.