Section R966-1-3 - Purpose(1) The purpose of this rule is: (a) To protect the interests of the owners of unclaimed property; (to protect the public by ensuring that owners do not lose their rights to personal property that is justifiably theirs.)(b) To relieve holders of the annoyance, expense, and liability of keeping such property;(c) To preclude multiple liability; and,(d) To give the State of Utah the use of considerable sums of money which otherwise is a windfall to holders.Utah Admin. Code R966-1-3
Adopted by Utah State Bulletin Number 2020-05, effective 1/22/2020