2018 Tennessee Code
Title 66 - Property
Chapter 29 - Abandoned or Unclaimed Property
Part 1 - Uniform Unclaimed Property Act
§ 66-29-150. Superior claim of another state.

Universal Citation: TN Code § 66-29-150 (2018)
  • (a) If the treasurer knows that property held by the treasurer under this part is subject to a superior claim of another state, the treasurer shall:

    • (1) Report, and pay or deliver, the property to the other state; or

    • (2) Return the property to the holder so that the holder may pay or deliver the property to the other state.

  • (b) The treasurer is not required to enter into a formal agreement to transfer the property to another state under subsection (a).

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