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Code · Utah · Title 67 — State Officers and Employees · Chapter 4A

67-4a-606. Property removed from safe-deposit box.

88 words·~1 min read·/ut/title-67/chapter-4a/67-4a-606

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/9/2017
67-4a-606. Property removed from safe-deposit box.
(1)Property removed from a safe-deposit box and delivered to the administrator under this chapter is subject to:
(a)the holder's right to reimbursement for the cost of opening the box; and
(b)a lien or contract providing reimbursement to the holder for unpaid rent charges for the box.
(2)The administrator shall reimburse the holder from the proceeds remaining after deducting the expense incurred by the administrator in selling the property.
Enacted by Chapter 371 , 2017 General Session
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