§ 34-24-134 — Interstate agreements and cooperation; joint and reciprocal actions with other states

Wyoming § 34-24-134

• Jurisdiction: Wyoming
• Title 34: Property, Conveyances and Security Transactions
• Ch. 24: UNIFORM UNCLAIMED PROPERTY ACT

Text

(a) The administrator may enter into agreements with other
states to exchange information needed to enable this or another
state to audit or otherwise determine unclaimed property that it
or another state may be entitled to subject to a claim of
custody. The administrator by rule may require the reporting of
information needed to enable compliance with agreements made
pursuant to this section and prescribe the form.
(b) To avoid conflicts between the administrator's
procedures and the procedures of administrators in other
jurisdictions that enact the Uniform Unclaimed Property Act, the
administrator, so far as is consistent with the purposes,
policies and provisions of this act, before adopting, amending
or repealing rules, shall advise and consult with administrators
in other jurisdictions that enact substantially the Uniform
Unclaimed Property Act and take into consideration the rules of
administrators in other jurisdictions that enact the Uniform
Unclaimed Property Act.
(c) The administrator may join with other states to seek
enforcement of this act against any person who is or may be
holding property reportable under this act.
(d) At the request of another state, the attorney general
of this state may bring an action in the name of the
administrator of the other state in any court of competent
jurisdiction to enforce the unclaimed property laws of the other
state against a holder in this state of property subject to
escheat or a claim of abandonment by the other state, if the
other state has agreed to pay expenses incurred by the attorney
general in bringing the action.
(e) The administrator may request that the attorney
general of another state or any other person bring an action in
the name of the administrator in the other state. This state
shall pay all expenses including attorney's fees in any action
under this subsection. The administrator may agree to pay the
person bringing the action attorney's fees based in whole or in
part on a percentage of the value of any property recovered in
the action. Any expenses paid pursuant to this subsection may
not be deducted from the amount that is subject to the claim by
the owner under this act.