Maine Statutes
§ 33 §2116 — Property removed from safe deposit box
Property removed from a safe deposit box and delivered under this Act to the administrator 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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Maine § 33 §2116 (Property removed from safe deposit box) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 2019, c. 498, §22 (NEW).
Nearby Sections
15
§ 33 §2101
Notice to apparent owner by holder§ 33 §2102
Contents of notice by holder§ 33 §2103
Notice by administrator§ 33 §2111
Definition of good faith§ 33 §2112
Dormancy charge§ 33 §2116
Property removed from safe deposit box§ 33 §2118
Administrator's options as to custody§ 33 §2120
Periods of limitation and repose