§ 33-21.1-33. Interstate agreements and cooperation — Joint and reciprocal actions with other states.
(a) The administrator may enter into agreements with other states to exchange information
needed to enable this or another state to audit or otherwise determine unclaimed property
that it or another state may be entitled to subject to a claim of custody. The administrator
by rule may require the reporting of information needed to enable compliance with
agreements made pursuant to this section and prescribe the form.
(b) To avoid conflicts between the administrator's procedures and the procedures of administrators
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§ 33-21.1-33. Interstate agreements and cooperation — Joint and reciprocal actions with other states.
(a) The administrator may enter into agreements with other states to exchange information
needed to enable this or another state to audit or otherwise determine unclaimed property
that it or another state may be entitled to subject to a claim of custody. The administrator
by rule may require the reporting of information needed to enable compliance with
agreements made pursuant to this section and prescribe the form.
(b) To avoid conflicts between the administrator's procedures and the procedures of administrators
in other jurisdictions that enact the Uniform Unclaimed Property Act, the administrator,
so far as is consistent with the purposes, policies, and provisions of this chapter,
before adopting, amending or repealing rules, shall advise and consult with administrators
in other jurisdictions that enact substantially the Uniform Unclaimed Property Act
and take into considerations the rules of administrators in other jurisdictions that
enact the Uniform Unclaimed Property Act.
(c) The administrator may join with other states to seek enforcement of this chapter against
any person who is or may be holding property reportable under this chapter.
(d) At the request of another state, the attorney general of this state may bring an action
in the name of the administrator of the other state in any court of competent jurisdiction
to enforce the unclaimed property laws of the other state against a holder in this
state of property subject to escheat or a claim of abandonment by the other state,
if the other state has agreed to pay expenses incurred by the attorney general in
bringing the action.
(e) The administrator may request that the attorney general of another state, or any other
person, bring an action in the name of the administrator in the other state. This
state shall pay all expenses including attorney's fees in any action under this subsection.
The administrator may agree to pay the person bringing the action attorney's fees
based in whole or in part on a percentage of the value of any property recovered in
the action. Any expenses paid pursuant to this subsection may not be deducted from
the amount that is subject to the claim by the owner under this chapter.