Maine Statutes
§ 33 §2118 — Administrator's options as to custody
1.Custody declined.
The administrator may decline to take custody of property reported under section 2091 if the administrator determines that:
2.Before presumed abandoned.
A holder may pay or deliver property to the administrator before the property is presumed abandoned under this Act if the holder:
3.Presumed abandoned.
On payment or delivery of property under subsection 2, the property is presumed abandoned.
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Maine § 33 §2118 (Administrator's options as to custody) — 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