Utah Statutes

§ 67-4a-1206 — Waiver of interest and penalty.

Utah·Title 67 State Officers and Employees·Ch. 67-4a Revised Uniform Unclaimed Property Act·Part 67-4a-12 Enforcement by Administrator

The administrator:

(1)may waive, in whole or in part, interest under Subsection 67-4a-1204(1) and penalties under Subsection 67-4a-1204(2) or Section 67-4a-1205; and
(2)may waive a penalty under Subsection 67-4a-1204(2) if the administrator determines that the holder acted in good faith and without negligence.

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Legislative History

Enacted by Chapter 371, 2017 General Session

Nearby Sections

15
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