Current through the 2024 Fourth Special Session
Section 67-4a-401 - Report required by holder(1)(a) A holder of property presumed abandoned and subject to the custody of the administrator shall report in a record to the administrator concerning the property.(b) A holder shall report via the Internet in a format approved by the administrator, unless the administrator gives a holder specific permission to file a paper report.(2) A holder may contract with a third party to make the report required under Subsection (1).(3) Whether or not a holder contracts with a third party under Subsection (2), the holder is responsible: (a) to the administrator for the complete, accurate, and timely reporting of property presumed abandoned; and(b) for paying or delivering to the administrator property described in the report.Repealed and reenacted by Chapter 371, 2017 General Session ,§ 24, eff. 5/9/2017.Enacted by Chapter 198, 1995 General Session