- (1) If the administrator determines from an examination conducted under Section 67-4a-1002 the Act that a putative holder failed or refused to pay or deliver to the administrator property which is reportable under this Act, the administrator shall issue a determination of the putative holder's liability to pay or deliver and give notice in a record to the putative holder of the determination.
- (2) The administrator may give notice of any interest and civil penalties at the same time that notice of a determination of liability is given.
KEY: adjudicative procedures, state treasurer, unclaimed property
Date of Last Change: January 22, 2020
Notice of Continuation: January 21, 2025
Authorizing, and Implemented or Interpreted Law: 67-4a