67-4a-307. Burden of proof to establish administrator's right to custody.
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Effective 5/9/2017
67-4a-307. Burden of proof to establish administrator's right to custody.
Subject to Part 4, Report by Holder , if the administrator asserts a right to custody of unclaimed property and there is a dispute concerning such property, the administrator has the initial burden to prove:
(1)the existence and amount of the property;
(2)the property is presumed abandoned; and
(3)the property is subject to the custody of the administrator.
Enacted by Chapter 371 , 2017 General Session