2012 Missouri Revised Statutes
TITLE XXIX OWNERSHIP AND CONVEYANCE OF PROPERTY
Chapter 447 Lost and Unclaimed Property
Section 447.584 Agreements--property held by business entities in other states--treasurer, duties--fees.


MO Rev Stat § 447.584 (2012) What's This?

Agreements--property held by business entities in other states--treasurer, duties--fees.

447.584. The treasurer, with the approval of the governor, may enter into agreements with any person, firm or corporation to assist in the identification, collection, and processing of abandoned property held by any business entity domiciled and located in another state. The treasurer may agree to pay a fee for such services based in whole or in part on a percentage of the value of any property received pursuant to such agreements. Any expenses paid pursuant to this section may not be deducted from the amount subject to claim by the owner under sections 447.500 to 447.595.

(L. 1986 H.B. 1547, A.L. 1993 H.B. 566, A.L. 1994 S.B. 757)

Effective 7-1-94

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