Tennessee § 66-29-120 Custody of property presumed abandoned if transaction took place in this state

Tennessee Statutes

§ 66-29-120 — Custody of property presumed abandoned if transaction took place in this state

Tennessee § 66-29-120

Title66

This text of Tennessee § 66-29-120 (Custody of property presumed abandoned if transaction took place in this state) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 66-29-120 (2026).

Text

Except as otherwise provided in §§ 66-29-117 - 66-29-119, the treasurer may take custody of property presumed abandoned, whether located in this or another state, if:

(1)The transaction involving the property occurred in this state;

(2)The holder is domiciled in a state that does not provide for the custodial taking of the property; provided, that if the property is specifically exempt from custodial taking under the law of the state of the holder's domicile, the property is not subject to the custody of the treasurer; and (3) The last known address of the apparent owner or other person entitled to the property is unknown or in a state that does not provide for the custodial taking of the property; provided, that if the property is specifically exempt from custodial taking under the law

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Except as otherwise provided in §§ 66-29-117 - 66-29-119, the treasurer may take custody of property presumed abandoned, whether located in this or another state, if: (1) The transaction involving the property occurred in this state; (2) The holder is domiciled in a state that does not provide for the custodial taking of the property; provided, that if the property is specifically exempt from custodial taking under the law of the state of the holder's domicile, the property is not subject to the custody of the treasurer; and (3) The last known address of the apparent owner or other person entitled to the property is unknown or in a state that does not provide for the custodial taking of the property; provided, that if the property is specifically exempt from custodial taking under the law of the state in which the last known address is located, the property is not subject to the custody of the treasurer.