Tennessee § 66-29-148 Deduction of administrative costs before deposit of funds

Tennessee Statutes

§ 66-29-148 — Deduction of administrative costs before deposit of funds

Tennessee § 66-29-148

Title66

This text of Tennessee § 66-29-148 (Deduction of administrative costs before deposit of funds) 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. § 66-29-148 (2026).

Text

Before making a deposit of funds received under this part to the general fund of the state, the treasurer may deduct administrative costs, including, but not limited to:

(1)Expenses of custody and disposition of abandoned property;

(2)Costs of mailing, publication, and any other outreach efforts in connection with abandoned property;

(3)Reasonable service charges; and (4) Expenses incurred in examining records of a putative holder of property and collecting property from a putative holder determined by the treasurer to hold property required to be delivered to the treasurer under this part.

Free access — add to your briefcase to read the full text and ask questions with AI

Before making a deposit of funds received under this part to the general fund of the state, the treasurer may deduct administrative costs, including, but not limited to: (1) Expenses of custody and disposition of abandoned property; (2) Costs of mailing, publication, and any other outreach efforts in connection with abandoned property; (3) Reasonable service charges; and (4) Expenses incurred in examining records of a putative holder of property and collecting property from a putative holder determined by the treasurer to hold property required to be delivered to the treasurer under this part.