Idaho § 14-5-1301 WHEN AGREEMENT TO LOCATE PROPERTY VOID

Idaho Statutes

§ 14-5-1301 — WHEN AGREEMENT TO LOCATE PROPERTY VOID

Idaho·Title 14 ESTATES OF DECEDENTS·Part 13 AGREEMENT TO LOCATE PROPERTY OF APPARENT OWNER HELD BY ADMINISTRATOR·Ch. 5 REVISED UNCLAIMED PROPERTY ACT

(1)Subject to subsection (2) of this section, an agreement to locate property held by the administrator is void if it is entered into during the period beginning on the date the property was presumed abandoned by a holder to the administrator and ending twenty-four (24) months after the payment or delivery.

(2)This section does not apply to an apparent owner’s agreement with an attorney to pursue a claim for recovery of specifically identified property held by the administrator or to contest the administrator’s denial of a claim for recovery of the property.

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(1) Subject to subsection (2) of this section, an agreement to locate property held by the administrator is void if it is entered into during the period beginning on the date the property was presumed abandoned by a holder to the administrator and ending twenty-four (24) months after the payment or delivery.
(2) This section does not apply to an apparent owner’s agreement with an attorney to pursue a claim for recovery of specifically identified property held by the administrator or to contest the administrator’s denial of a claim for recovery of the property.

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