Current through Bulletin 2025-01, January 1, 2025
Section R966-1-39 - Debt Collection Agencies(1) A debt collection agency shall initiate their own claims for unclaimed property in the custody of the administrator. The administrator will not initiate claims for debt collection agencies.(2) Debt collection agencies will submit citations to discover assets to the administrator at least 30 days in advance of the return date.(3) Unclaimed property held by the administrator for a debtor will be held pursuant to a citation to discover assets for up to 90 days.(4) Claims submitted by debt collection agencies will be closed after 90 days without the submission of a valid turnover order from a court of competent jurisdiction.(5) Claims submitted by debt collection agencies will be paid after receipt of a valid turnover order from a court of competent jurisdiction.Utah Admin. Code R966-1-39
Adopted by Utah State Bulletin Number 2020-05, effective 1/22/2020