Maine Statutes
§ 33 §2152 — When property subject to recovery by another state
1.Subject to right of another state.
Property held under this Act by the administrator is subject to the right of another state to take custody of the property if:
2.Form prescribed.
A claim by another state to recover property under this section must be presented in a form prescribed by the administrator, unless the administrator waives presentation of the form.
3.Decision within 90 days.
The administrator shall decide a claim under this section not later than 90 days after it is presented. If the administrator determines that the other state is entitled under subsection 1 to custody of the property, the administrator shall allow the claim and pay or deliver the property to the other state.
4.May require indemnification.
The administrator may require another state, before recovering p
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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