2017 Maine Revised Statutes
TITLE 33: PROPERTY
Chapter 41: UNIFORM UNCLAIMED PROPERTY ACT
33 §1969. Destruction or disposition of property having no substantial commercial value; immunity from liability

Universal Citation: 33 ME Rev Stat § 1969 (2017)

§1969. Destruction or disposition of property having no substantial commercial value; immunity from liability

If the administrator determines after investigation that property delivered under this Act has no substantial commercial value, the administrator may destroy or otherwise dispose of the property at any time. An action or proceeding may not be maintained against the State or any officer or against the holder for, or on account of, an act of the administrator under this section except for intentional misconduct or malfeasance. [1997, c. 508, Pt. A, §2 (NEW); 1997, c. 508, Pt. A, §3 (AFF).]

SECTION HISTORY

1997, c. 508, §A2 (NEW). 1997, c. 508, §A3 (AFF).

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