Illinois § 15-901 Claim of another state to recover property

Illinois Statutes

§ 15-901 — Claim of another state to recover property

Illinois § 15-901

JurisdictionIllinois

TopicRIGHTS AND REMEDIES

Ch. 765PROPERTY

Act 765 ILCS 1026/Revised Uniform Unclaimed Property Act.

Art.Title 15 - Revised Uniform Unclaimed Property Act

This text of Illinois § 15-901 (Claim of another state to recover property) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

765 Ill. Comp. Stat. 15-901 (2026).

Text

(a)If the administrator knows that property held by the administrator under this Act is subject to a superior claim of another state, the administrator shall:

(1)report and pay or deliver the property to the other state; or (2) return the property to the holder so that the holder may pay or deliver the property to the other state.

(b)The administrator is not required to enter into an agreement to transfer property to the other state under subsection (a).

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(a) If the administrator knows that property held by the administrator under this Act is subject to a superior claim of another state, the administrator shall: (1) report and pay or deliver the property to the other state; or (2) return the property to the holder so that the holder may pay or deliver the property to the other state. (b) The administrator is not required to enter into an agreement to transfer property to the other state under subsection (a).