Utah Admin. Code R966-1-39 - Debt Collection Agencies
(1) A debt
collection agency shall initiate their own claims for unclaimed property in the
custody of the administrator. The administrator will not initiate claims for
debt collection agencies.
(2) Debt
collection agencies will submit citations to discover assets to the
administrator at least 30 days in advance of the return date.
(3) Unclaimed property held by the
administrator for a debtor will be held pursuant to a citation to discover
assets for up to 90 days.
(4)
Claims submitted by debt collection agencies will be closed after 90 days
without the submission of a valid turnover order from a court of competent
jurisdiction.
(5) Claims submitted
by debt collection agencies will be paid after receipt of a valid turnover
order from a court of competent jurisdiction.
Notes
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