Utah Statutes

§ 67-4a-606 — Property removed from safe-deposit box.

Utah·Title 67 State Officers and Employees·Ch. 67-4a Revised Uniform Unclaimed Property Act·Part 67-4a-6 Taking Custody of Property by Administrator
(1)Property removed from a safe-deposit box and delivered to the administrator under this chapter is subject to:
(1)(a) the holder's right to reimbursement for the cost of opening the box; and
(1)(b) a lien or contract providing reimbursement to the holder for unpaid rent charges for the box.
(2)The administrator shall reimburse the holder from the proceeds remaining after deducting the expense incurred by the administrator in selling the property.

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Legislative History

Enacted by Chapter 371, 2017 General Session

Nearby Sections

15
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