Utah Admin. Code R966-1-3 - Purpose
(1) The purpose of this rule is:
(a) To protect the interests of the owners of
unclaimed property; (to protect the public by ensuring that owners do not lose
their rights to personal property that is justifiably theirs.)
(b) To relieve holders of the annoyance,
expense, and liability of keeping such property;
(c) To preclude multiple liability;
and,
(d) To give the State of Utah
the use of considerable sums of money which otherwise is a windfall to
holders.
Notes
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