Tennessee § 66-29-151 - When property subject to recovery by another state.

§ 66-29-151. When property subject to recovery by another state.

Property held by the treasurer under this part is subject to the right of another state to take custody of the property if: The property was paid or delivered to the treasurer because the records of the holder did not reflect a last known address of the apparent owner in another state, and: That state establishes that the last known address of the apparent owner or other person entitled to the property was in that state; or Under the law of that state, the property has become subject to a claim of abandonment by that state; The records of the holder did not accurately identify the apparent owner of the property, the last known address of the owner was in another state, and, under the law of that state, the property has become subject to a claim of abandonment in that state; The property was subject to the custody of the treasurer of this state under § 66-29-119 and, under the law of the state of domicile of the holder, the property has become subject to a claim of abandonment by the state of domicile of the holder; or The property: Is a sum payable on a traveler's check, money order, or similar instrument that was purchased in another state and delivered to the treasurer under § 66-29-120; and Under the law of that state, has become subject to a claim of abandonment in that state. A claim by another state to recover property under this section must be presented in a form prescribed by the treasurer unless the treasurer waives presentation of the form. The treasurer shall decide whether a claim under this section is valid not later than ninety (90) days after it is presented. If the treasurer determines that another state is entitled under subsection (a) to custody of the property, the treasurer shall approve the claim and pay or deliver the property to that state. The treasurer may require another state, before recovering property under this section, to agree to indemnify this state and its officers and employees against any liability on a claim to property. Acts 2017, ch. 457, § 1; 2017, ch. 461, § 1. Compiler's Notes. Acts 2017, ch. 461, § 1 amended subsection (b) of this section, effective from May 25, 2017 until July 1, 2017. The amended version of subsection (b) read as follows: “(b) The commissioner of health shall direct these funds, subject to the approval of the commissioner of finance and administration, to programs designed to enhance health access. The programs may include, but not be limited to, funding for services provided by federally qualified health centers, recruitment incentives, community initiatives, service-linked training opportunities, support for high technology/telecommunications efforts, prevention initiatives, efforts to improve the built environment, strategies to improve the health of the population, and other strategies to expand primary, obstetric and dental health care services in underserved areas. Pursuant to a finding of need by the commissioner, the health access program may also address the lack of adequate access in underserved areas to other health care providers and health care services such as emergency medicine, mental health care, and prevention treatment services for low income, pregnant substance abusers.” Former title 66, ch. 29, part 1, §§ 66-29-101 —69-29-155 (Acts 1978, ch. 561, §§ 1-11; 1978, ch. 561, § 13-24; 1978, ch. 561, §§ 26-31, 33; T.C.A., §§ 64-2901—64-2910, 66-29-103 —66-29-110; T.C.A., §§ 64-2911, 66-29-111 ; T.C.A., §§ 64-2913—64-2924, § 66-29-124 ; T.C.A., §§ 64-2926—64-2932, §§ 66-29-126 —66-29-132; Acts 1979, ch. 226, § 22; 1980, ch. 448, §§ 1-4; 1980, ch. 606, §§ 1-3; 1980, ch. 813, § 1; 1982, ch. 575, § 1; 1983, ch. 78, §§ 1-5; 1984, ch. 544, §§ 1-8, 10-12; 1985, ch. 401, §§ 1-4; 1986, ch. 539, §§ 11-19; 1987, ch. 43, §§ 1-3; 1988, ch. 485, § 1; 1989, ch. 424, §§ 1, 2; 1991, ch. 194, §§ 1-3; Acts 1991, ch. 222, § 1; 1993, ch. 195, §§ 1-18; 1994, ch. 773, §§ 2, 3; 1995, ch. 445, §§ 1-4; 1996, ch. 642, §§ 1-3; 1996, ch. 1079, § 146; 1997, ch. 353, §§ 1-3; 1997, ch. 297, § 1; 1997, ch. 536, § 1; 1998, ch. 1010, §§ 1, 2; 2001, ch. 231, §§ 1, 4-8; 2001, ch. 157, §§ 1-7; 2001, ch. 231, §§ 2, 3; 2001, ch. 291, § 1; 2003, ch. 78, §§ 1, 2; 2003, ch. 101, §§ 1, 2; 2003, ch. 248, §§ 1-3; 2005, ch. 141, § 2; 2006, ch. 611, § 1; 2007, ch. 291, § 1; 2008, ch. 937, § 1; 2010, ch. 756, § 1; 2010, ch. 791, §§ 1, 2; 2011, ch. 285, §§ 1-5; 2016, ch. 937, §§ 2, 3, repealed by Acts 2017, ch. 457, § 1, effective July 1, 2017) concerned the Uniform Disposition of Unclaimed (Personal) Property Act. Effective Dates. Acts 2017, ch. 457, § 7. July 1, 2017; provided that, for purposes of promulgating rules, the act took effect May 25, 2017. Acts 2017, ch. 461, § 7. May 25, 2017.