1. Subject to superior claim of another state. If the administrator knows that property held by the administrator under this Act is subject to a superior claim of another state, the administrator shall:
A. Report and pay or deliver the property to the other state; or [PL 2019, c. 498, §22 (NEW).]
B. Return the property to the holder so that the holder may pay or deliver the property to the other state. [PL 2019, c. 498, §22 (NEW).]

[PL 2019, c. 498, §22 (NEW).]

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2. Agreement to transfer not required. The administrator is not required to enter into an agreement to transfer property to the other state under subsection 1.

[PL 2019, c. 498, §22 (NEW).]

SECTION HISTORY

PL 2019, c. 498, §22 (NEW).