(a) Any person who asserts an interest in abandoned property in federal custody:
- (1) May elect to claim against the federal government; or
- (2) Within 90 days of the posting of the report of abandoned property in federal custody, shall notify the Administrator of the asserted interest and intent to claim.
- (b) If the Administrator receives notice under this section, the abandoned property in question shall be omitted from any claim by this State until a final judicial determination is made of the claim.
Added by Acts 1981, c. 752, § 1, eff. July 1, 1981.