Idaho § 14-5-606 PROPERTY REMOVED FROM SAFE DEPOSIT BOX

Idaho Statutes

§ 14-5-606 — PROPERTY REMOVED FROM SAFE DEPOSIT BOX

Idaho·Title 14 ESTATES OF DECEDENTS·Part 6 TAKING CUSTODY OF PROPERTY BY ADMINISTRATOR·Ch. 5 REVISED UNCLAIMED PROPERTY ACT

Property removed from a safe deposit box and delivered to the administrator under this chapter is subject to the holder’s right to reimbursement for the cost of opening the box and a lien or contract providing reimbursement to the holder for unpaid rent charges for the box. The administrator shall reimburse the holder from the proceeds remaining after deducting the expense incurred by the administrator in selling the property.

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Property removed from a safe deposit box and delivered to the administrator under this chapter is subject to the holder’s right to reimbursement for the cost of opening the box and a lien or contract providing reimbursement to the holder for unpaid rent charges for the box. The administrator shall reimburse the holder from the proceeds remaining after deducting the expense incurred by the administrator in selling the property.

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