Utah § 4a-608 - Administrator's options as to custody.
Full text of Utah Utah Code § 4a-608 — Administrator's options as to custody., with citation guidance and answers to common questions.
§ 4a-608. Administrator's options as to custody.
Effective 5/9/2017 67-4a-608.
Administrator's options as to custody.
(1)
The administrator may decline to take custody of property reported under Section 67-4a-401 if the administrator determines that:
(a)
the property has a value less than the estimated expenses of notice and sale of the property; or
(b)
taking custody of the property would be unlawful.
(2)
A holder may pay or deliver property to the administrator before the property is presumed abandoned under this chapter if the holder:
(a)
sends the apparent owner of the property notice required by Section 67-4a-501 and provides the administrator evidence of the holder's compliance with this Subsection (2);
(b)
includes with the payment or delivery a report regarding the property conforming to Section 67-4a-402; and
(c)
first obtains the administrator's consent in a record to accept payment or delivery.
(3)
(a)
A holder's request for the administrator's consent under Subsection (2)(c) shall be in a record.
(b)
If the administrator fails to respond to the request not later than 30 days after receipt of the request, the administrator is considered to consent to the payment or delivery of the property and the payment or delivery is considered to have been made in good faith.
(4)
On payment or delivery of property under Subsection (2), the property is presumed abandoned.
Section 4a-608 ("Administrator's options as to custody.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 4a-608?
A common citation format is "Utah Code § 4a-608" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 4a-608 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
