Utah § 67-4a-609 Disposition of property having no substantial value -- Immunity from liability.

Utah Statutes

§ 67-4a-609 — Disposition of property having no substantial value -- Immunity from liability.

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)If the administrator takes custody of property delivered under this chapter and later determines that the property has no substantial commercial value or that the cost of disposing of the property will exceed the value of the property, the administrator may return the property to the holder or destroy or otherwise dispose of the property.

(2)An action or proceeding may not be commenced against the state, an agency of the state, the administrator, another officer, employee, or agent of the state, or a holder for or because of an act of the administrator under this section, except for intentional misconduct or malfeasance.

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(1) If the administrator takes custody of property delivered under this chapter and later determines that the property has no substantial commercial value or that the cost of disposing of the property will exceed the value of the property, the administrator may return the property to the holder or destroy or otherwise dispose of the property.
(2) An action or proceeding may not be commenced against the state, an agency of the state, the administrator, another officer, employee, or agent of the state, or a holder for or because of an act of the administrator under this section, except for intentional misconduct or malfeasance.

Utah § 67-4a-609 (Disposition of property having no substantial value -- Immunity from liability.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.