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2021 New Hampshire Revised Statutes
Title XLVI - Lost Property; Strays
Title 471-C - Custody and Escheat of Unclaimed and Abandoned Property
Section 471-C:31 - Final Disposition.
Universal Citation: NH Rev Stat § 471-C:31 (2021)
471-C:31 Final Disposition. –
I. As used in this section, "appropriate county treasurer" means the treasurer of the county where the holder was located at the time the property under this chapter was delivered to the administrator under RSA 471-C:21.
II. Following completion of the proceedings specified in RSA 471-C:30, the administrator shall pay or deliver all property escheated under this chapter to the appropriate county treasurer who shall deposit such property in the county treasury; provided, however, that the administrator shall not pay or deliver the income earned from the working capital fund or any amounts received from out-of-state holders to the counties. The administrator shall reduce amounts paid to the counties under this section for subsequent claims asserted under RSA 471-C:31-a, if such amounts have previously escheated to the counties.
III. Property delivered from out-of-state holders shall escheat to the general fund.
I. As used in this section, "appropriate county treasurer" means the treasurer of the county where the holder was located at the time the property under this chapter was delivered to the administrator under RSA 471-C:21.
II. Following completion of the proceedings specified in RSA 471-C:30, the administrator shall pay or deliver all property escheated under this chapter to the appropriate county treasurer who shall deposit such property in the county treasury; provided, however, that the administrator shall not pay or deliver the income earned from the working capital fund or any amounts received from out-of-state holders to the counties. The administrator shall reduce amounts paid to the counties under this section for subsequent claims asserted under RSA 471-C:31-a, if such amounts have previously escheated to the counties.
III. Property delivered from out-of-state holders shall escheat to the general fund.
Source. 1986, 204:1. 1989, 408:73. 1995, 84:1. 1999, 212:6, eff. Jan. 1, 2000.
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