(a) If the administrator knows that property held by the administrator under this Act is subject to a superior claim of another state, the administrator 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 administrator is not required to enter into an agreement to transfer property to the other state under subsection (a).
(Source: P.A. 100-22, eff. 1-1-18.)