Tenn. Code § 66-29-150

Current through Acts 2023-2024, ch. 1069
Section 66-29-150 - Superior claim of another state
(a) If the treasurer knows that property held by the treasurer under this part is subject to a superior claim of another state, the treasurer shall:
(1) Report, and pay or deliver, the property to the other state; or
(2) Return the property to the holder so that the holder may pay or deliver the property to the other state.
(b) The treasurer is not required to enter into a formal agreement to transfer the property to another state under subsection (a).

T.C.A. § 66-29-150

Added by 2017 Tenn. Acts, ch. 457,s 1, eff. 7/1/2017.