Tennessee Statutes
§ 31-6-108 — Surrender and retention of property subject to escheat
Tennessee·Title 31
(a)Any person having custody of or control over property subject to escheat under this chapter may be fully released from any responsibility or liability with respect thereto by surrendering or delivering same to the state treasurer and formally disclaiming any interest therein.
(b)In the event property subject to escheat under this chapter is not surrendered or delivered to the treasurer as provided in subsection (a), the property shall be held until a final determination of the question of escheat by a court of competent jurisdiction as provided in this chapter, in which case the person having custody of or control over the property shall not be discharged from the person's duties as a fiduciary or personal representative until there has been a final determination of the question.
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Tennessee § 31-6-108 (Surrender and retention of property subject to escheat) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1979, ch. 226, § 8; T.C.A., § 31-808.
Nearby Sections
15
§ 31-1-101
Title definitions§ 31-1-103
§ 31-1-103§ 31-1-104
Descent of homestead§ 31-1-108
Tenancies by the entirety unaffected§ 31-2-101
Intestate estate§ 31-2-102
Dower and curtesy abolished§ 31-2-103
Vesting of estate - Net estate§ 31-2-104
Share of surviving spouse and heirs§ 31-2-106
Representation§ 31-2-107
Kindred of half blood