Utah Admin. Code R966-1-50 - Action Involving Another State or Foreign Country
(1) The administrator may join another state
or foreign country to examine and seek enforcement of this Act against a
putative holder.
(2) On request of
another state or foreign country, the Attorney General may commence an action
on behalf of the other state or country to enforce, in Utah, the law of the
other state or country against a putative holder subject to a claim by the
other state or country.
(3) The
administrator may request the official authorized to enforce the unclaimed
property law of another state or foreign country to commence an action to
recover property in the other state or country on behalf of the administrator.
This state may pay the costs, including reasonable attorney's fees and
expenses, incurred by the other state or foreign country in an action under
this subsection.
(4) The
administrator may pursue an action on behalf of this State to recover property
subject to this Act but delivered to the custody of another state if the
administrator believes the property is subject to the custody of the
administrator.
(5) At the request
of the administrator, the Attorney General may commence an action to recover
property on behalf of the administrator in Utah, another state, or a foreign
country. With the written consent of the Attorney General, the administrator
may retain an attorney in Utah, another state, or a foreign country as a
special assistant attorney general to recover property on behalf of the
administrator in Utah, another state, or a foreign country and may agree to pay
attorney's fees based in whole or in part on a fixed fee, hourly fee, or a
percentage of the amounts or value of property recovered in the
action.
(6) In all actions
commenced pursuant to Section 67-4a-1203 of the Act, unless otherwise given
permission in writing by the Attorney General, the administrator shall be
represented by the Attorney General or a special assistant attorney general
appointed by the Attorney General.
(7) Expenses incurred by this State in an
action under Section 67-4a-1203 of the Act may be paid from property received
under the Act or the net proceeds of the property. Expenses paid to recover
property may not be deducted from the amount that is subject to a claim under
the Act by the owner.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.