Tennessee Statutes
§ 66-29-150 — Superior claim of another state
Tennessee·Title 66
(a)If the treasurer knows that property held by the treasurer under this part is subject to a superior claim of another state, the treasurer shall:
(1)Report, and pay or deliver, the property to the other state; or (2) Return the property to the holder so that the holder may pay or deliver the property to the other state.
(b)The treasurer is not required to enter into a formal agreement to transfer the property to another state under subsection (a).
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Legislative History
Added by 2017 Tenn. Acts, ch. 457,s 1, eff. 7/1/2017.
Nearby Sections
15
§ 66-1-102
Estates tail abolished§ 66-1-103
Rule in Shelley's case abolished§ 66-1-107
Survivorship in joint tenancy abolished§ 66-1-108
Survivorship in partnership property§ 66-1-111
Doctrine of worthier title abolished§ 66-1-201
Short title